Mohsen Paknejad, Iran's Oil Minister, in a meeting with the visiting Azerbaijani Deputy Prime Minister Shahin Mustafayev called for the ...

Refinery margins for petroleum refiners across the world are shrinking, indicating reduced profitability from refining crude oil and selling petroleum products.

The agreement encourages collaboration in the areas of petroleum, petrochemicals, gas, electricity, renewable energy, and energy efficiency.

Saudi Aramco has canceled plans to build a refinery and chemicals project in the kingdom and is reviewing three others as it evaluates spending plans with a focus on expanding in Asia.

Turkish Energy Minister Alparslan Bayraktar announced that Turkey is approaching a critical phase regarding its natural gas supplies in 2025/26, with several key import contracts set to expire, ...

As China, the world's second-largest oil consumer, may reach a peak in refined product demand by 2027, the implications for the global oil market and prices are significant.