SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as ...

HOUSTON - Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil and Shell all reported fourth-quarter earnings that were hit ...

However, oil producers say they have not complied with this stipulation because refiners are not offering competitive prices. This has prompted the Dangote Refinery to call on the regulator to ...

British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.

Shell has restored oil and gas production from the Penguins field in the UK North Sea with a new floating, production, storage and offloading (FPSO) facility, the UK-based supermajor said on ...

HOUSTON - Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron, Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard ...

Shell wrote that the lower income reflected less money from its liquefied natural gas trading operation and lower oil refining margins, among other factors.

Ukrainian drones struck more Russian oil and gas facilities, the latest in a near-daily series of attacks meant to hurt Moscow’s war effort. The drones hit Lukoil PJSC’s Volgograd refinery ...

which is one of Russia’s 10 biggest refining facilities, processing close to 6% of the country’s oil, an official in Ukraine’s Security Service told The Associated Press. Russian authorities ...

Two months ago, Nigeria’s beleaguered energy sector witnessed a very significant event: the Dangote Oil Refinery began producing gasoline and selling it domestically to Nigeria's state oil firm ...

To address the issues connected with the shrimp processing waste, the Kochi-based Central Institute of Fisheries Technology has assisted in setting up of a shrimp shell bio-refinery. Claiming to ...

OPEC producer Iraq has signed a contract to expand the oil refinery in the South-Central Al-Diwaniya city at a cost of around $800 million. Prime Minister Mohammed Al-Sudani said after the signing on ...