At least three Russian refineries have had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs. The closures highlight the struggles of ...

Spain's second-largest oil company, Moeve, formerly known as Cepsa, posted a third-quarter loss after a sharp decline in refining margins hit its energy business.

Since a U.N. initiative began monitoring for methane leaks from oil and gas infrastructure last year, it has issued 1,200 alerts to governments and companies. But only 12 of those alerts for major ...

Naphtha is expected to remain in short supply in Asia over the next couple of years as more crackers come online and as demand for blending the fuel with gasoline rises.