Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.8 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state.

Britain's insolvent Lindsey oil refinery has secured some crude supplies to stave off immediate closure, the UK energy ministry said, but a source familiar with the situation said the agreement with ...

Braskem has completed the sale of circular polyethylene (PE), produced through chemical recycling, to the Copobras Group.

Saudi Arabia and Indonesia signed several deals and memorandums of understanding worth around $27 B between private sector institutions in fields including clean energy and petrochemicals, Saudi state ...

A fire-damaged hydrotreater at Marathon Petroleum's Galveston Bay refinery in Texas (U.S.) will remain shut until September, ...

Brazil's Mines and Energy Minister Alexandre Silveira suggested that gasoline and diesel prices could soon be lowered in the country, where state-run oil giant Petrobras controls most of the refining ...

Mitsui O.S.K. Lines, Ltd. announced that it completed the acquisition of all membership rights in LBC Tank Terminals Group Holding Netherlands Coöperatief U.A. MOL received approval from all relevant ...

Indonesia's Pertamina on Wednesday sought up to 1.5 MMbbl of 90-octane grade of gasoline, including supplies from Singapore, for delivery between July 20 and July 30 on a free-on-board basis in a spot ...

U.S. crude oil and gasoline inventories rose unexpectedly last week, while distillate stockpiles fell, the Energy Information Administration (EIA) said on Wednesday. Crude inventories rose by 3.8 ...

Valmet will deliver a Valmet DNA distributed control system to a bio-based process plant in Portugal. The order was placed by Valmet’s new Value Added Reseller (VAR) partner Tecnilab AV Portugal S.A.

A group led by commodities trading house Vitol submitted a bid exceeding $10 B in the final hours of a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, two ...