Though prosecutors did not name the companies, South Korea only has four refiners: HD Hyundai Oilbank, SK Energy, GS Caltex and S-Oil.

Ukraine struck three Russian oil refineries and an oil terminal in the Baltic Sea port of Vysotsk, Ukraine's military and security service said on Monday, as Kyiv intensifies its attack on Russian ...

The seven core members of OPEC+, which groups together OPEC and allied producers such as Russia, agreed at a meeting on Sunday to lift quotas by 188,000 barrels per day from August, taking the total ...

Mitsubishi Gas Chemical Company, Inc. announced that it entered into a purchase and sale agreement with ACME Group. In ...

Brazil's government will take longer to phase out its diesel subsidy than the gasoline benefit, reflecting concerns the process must be handled carefully, even after the drop in global oil prices, to ...

The mandate to use the blend, called E20, came into force last year but is now one of the biggest political flashpoints for Prime Minister Narendra Modi's government and motorists in the world's third ...

Indian Oil Minister Hardeep Singh Puri said that Indian companies were not selling fuel to Russia but it was "possible" that Russia purchased Indian-origin fuel from traders.

Gulf oil exports are gushing into Asia as producers ramp up output and exports through the Strait of Hormuz following the interim peace deal between the U.S. and Iran, depressing oil prices globally.

Unlike previous crises, the Iran war has simultaneously disrupted crude oil, natural gas, refined fuels and fertilizer supplies, exposing vulnerabilities created by decades of rising energy demand, ...

Venezuela's 645,000-bpd Amuay refinery, the country's largest, was back in service on Friday after a power outage, processing some 140,000 bpd of crude and with its fluid catalytic cracker active, ...

Yara International ASA announced that its U.S. subsidiary, Yara North America, Inc., has reached an agreement to acquire Gulf Coast Ammonia’s (GCA) ammonia production facility in Texas City, Texas ...