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Recent conflicts in the region have either spared energy infrastructure or caused limited damage. That isn't the case in the ...
A continental collision trapped oil within what is today Iran. The same collision explains why that oil is trapped behind the ...
Crude prices in Europe — which initially showed a muted reaction to the war in the Middle East — are now surging as ...
India’s trade deal with President Trump was supposed to end its imports of oil from Russia. But then the conflict in the ...
Mexican state-owned oil company Pemex said its seven domestic refineries processed an average of 1.014 million b/d of crude oil in 2025, up 12% from 2024, marking the first time since 2015 that annual ...
Several Asian refineries and petrochemical companies were forced to cut runs and declare force majeure as the U.S.-Israel war on Iran disrupted crude and feedstock exports from the Middle East.
The effective closure of the Strait of Hormuz is "about as wrong as things could go" for global oil markets. Iran achieved it ...
The United States is pumping more oil than any country in world history. Without all that crude, Americans could already be paying $4 or even $5 a gallon for gasoline, making the energy spike caused ...
Asia depends on oil and gas from the Middle East, sourcing 60% of its crude from the region, making it highly vulnerable if ...
Nigeria's FG has revised its executive order on oil revenue remittance. NNPC will still collect funds but remit them to a new CBN account.
The Phillips 66 Los Angeles Refinery could be a test case for how the state and local governments should handle refinery ...