In a letter to shareholders, Phillips 66--which operates 11 refineries in the U.S. and Europe--said it aims to decrease its refining adjusted controllable costs to $5.50/bbl by 2027, which would mark ...

Securities analysts expect some M&A may be coming from the growing oil and wet-gas results in eastern Ohio, they report, including by newly public Infinity Natural Resources.

The African Export–Import Bank (Afreximbank), a key investor in oil and gas projects, has earmarked $3 billion to finance the purchase of refined products within Africa as part of broader plans to ...

The plunge in oil prices over the past two days following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from OPEC+ has altered the global energy landscape ...

U.S. oilfield service firms are bracing for a hit as President Donald Trump's tariffs throw supply chains into disarray and ...

In early January, Kimbell Royalty Partners announced it will acquire oil and natural gas mineral and royalty interests in the ...

Between the lines: The Big Three could see 2%-3% less oilfield revenue in 2025. But services firms are also fixed cost-heavy businesses. For each dollar lost in revenue, we estimate the Big Three ...

Due to investor concerns, the corporation had already ditched its goal to reduce oil and gas output by 2030, per Reuters. To lower debt and increase returns, BP will also reportedly cut other ...

In 2015, the government aimed to reduce reliance on oil imports to 67 per cent by 2022. However, import dependency has only increased. The government has implemented several policy reforms to ...

(Bloomberg) — The US is sanctioning a Chinese oil refinery and a terminal operator over links to Iranian crude imports, in the first measures to directly target China’s refining system as President ...

The company provides remote technology for a wide range of activities associated with oil and gas exploration ... "Eastern Canada is an area of great value and opportunity for Blue Star Line ...

The debut of the long Neptune missile not only devastated a massive Russian oil refinery but also signaled a new phase in the war where no high-value Russian target is ... restriction in Ukrainian ...