Venezuelan crude oil worth $2.8 billion could reach Texas refineries next week following Trump's announcement of 50 million ...

Exxon, Chevron, Phillips 66 and others already operate refineries capable of processing the kind of heavy crude that comes ...

B.C. Premier David Eby wants Canada to prioritize building refineries, arguing it would keep more value at home, reduce ...

The Ministry of Energy and Mineral Development says the oil refinery will be completed in 2029. In this final part of the interview with NTV, the permanent secretary, Irene Bateebe, explains how the ...

Canadian oil markets do not have to worry about Venezuelan oil substituting Canadian oil at U.S. refineries — at least for now, according to one economic analyst.

Analysts warn that any easing of sanctions will add to an already oversupplied global market. Reaching peak production levels requires massive investment and sustained political stability. Oil ...

Venezuela sits atop the largest proven oil reserves on Earth, an estimated 303 billion barrels, roughly one-fifth of global ...

Centrum Broking noted the transitioning of governments and investment by oil companies in less stable economies have proved ...

The Trump administration plans to escalate military operations against Latin American cartels after a strike earlier. Here's ...

The Tema Oil Refinery (TOR) has officially resumed crude oil refining operations after several years of inactivity.

Mr Godwin Kudzo Tameklo Esq., has commended Sentuo Oil Refinery for its growing contribution to Ghana’s downstream petroleum ...