14.12.2012
- U.S.-based refiner Phillips 66 said Thursday it would support exports of crude oil from the United States, arguing the boost they would give the country's economy would trump the...
19.11.2012
- Total is selling a 20% stake in a Nigerian offshore oil field to China's Sinopec in a $2.5 billion deal which will help the French oil group fund its ambitious exploration plans...
16.11.2012
- European oil refiners can expect margins to come back down to earth in 2013 as global capacity returns, after a rollercoaster this year that saw them soar in the second and third...
03.11.2012
- Chevron posted earnings on Friday that were much lower than expected as maintenance exacerbated a decline this year in oil and natural gas production, and shares of the second...
04.10.2012
- Kazakhstan plans to begin processing some of its crude oil in China this year to make up for a shortfall in domestic refining capacity, a senior government official said on...
03.10.2012
- Asian oil importers will pay lower premiums for their shipments as a shale oil boom diverts more barrels from the United States to the world's biggest net oil buying region over...
28.09.2012
- Belarus has dodged about $1 billion in customs duty payments to Russia this year by exporting gasoline and other oil products under the guise of solvents and thinners, official...
07.08.2012
- A massive fire struck at the core of Chevron's large Richmond, California, refinery on Monday, spewing flames and a column of smoke into the air, threatening a prolonged outage...