With the benefit of hindsight, the government should know that holding on to the refineries will not bode well eventually: records have shown that most government companies perform poorly.

Valero Energy reported better-than-expected revenue and earnings, yet faces significant year-over-year declines.

AI is the new normal. AI is becoming the key differentiator for market leaders who integrate these capabilities into their core operations.

The NNPCL, in its preliminary objection dated and filed November 15, 2024, prayed the court to strike out Dangote Refinery's ...

Shell's adjusted earnings fell more the market expected after its integrated gas division, weak oil prices and low refining margins weighed on its results in the fourth quarter. The oil-and-gas ...

Amid President Donald Trump’s directive to halt federal grants and loans, Calumet subsidiary Montana Renewables expects to ...

Chemicals maker LyondellBasell Industries began shuttering its 263,776-bpd Houston refinery on Monday for permanent closure. The shutdown is expected to be completed by early February.

Believe it or not, Canada has a “nuclear option” of its own. U.S. financial markets were relieved the week following President Trump’s inauguration, with stocks rising and global crude oil benchmarks ...

Learn more about whether Enterprise Products Partners L.P. or Hess Corporation is a better investment based on AAII's A+ ...

Learn more about whether Imperial Oil Limited or Suncor Energy Inc. is a better investment based on AAII's A+ Investor grades, which compare both companies' key financial metrics.

U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

NYMEX West Texas Intermediate and Brent crude futures were up by more than $1 in morning trading before giving back most of those gains and were well within Monday's trading range. The early gains ...