An S&P Global Ratings report noted that 89% of Saudi Arabia’s energy exports flow through the Strait of Hormuz. Iran, Kuwait, and Qatar ship 100% through the strait, while Iraq exports 97% through it.

India’s trade deal with President Trump was supposed to end its imports of oil from Russia. But then the conflict in the ...

Energy markets have been anything but calm lately. Oil prices surged before pulling back again as geopolitical tensions in the Middle East sent shockwaves through global markets. While that kind of ...

Mexican state-owned oil company Pemex said its seven domestic refineries processed an average of 1.014 million b/d of crude oil in 2025, up 12% from 2024, marking the first time since 2015 that annual ...

Asia depends on oil and gas from the Middle East, sourcing 60% of its crude from the region, making it highly vulnerable if ...

California’s lack of pipeline access and heavy reliance on imported crude leave it uniquely exposed to a Strait of Hormuz ...

IOC's Panipat refinery in India has secured international certification for sustainable aviation fuel production under ISCC CORSIA standards. The planned SAF plant will have a capacity of 860,000 ...

Feb 12 (Reuters) - Lukoil-owned (LKOH.MM), opens new tab Volgograd oil refinery in Russia's south, has suspended oil processing on Wednesday after fire erupted following a Ukrainian done attack, two ...

BERLIN/LONDON, Feb 10 (Reuters) - Management at a Russian-owned oil refinery in Germany have privately warned Berlin that U.S. sanctions are hurting its business and threatening fuel supply for the ...

Itself now part of a holding company called Royal Dutch Shell plc, Shell Oil is the fifth largest oil company in the world by market capitalization, according to Investopedia. But it came from far ...

The American claim on Venezuela’s oil means even more of it could come to a huge Chevron refinery in Mississippi. Neighbors worried about pollution want the company to move them out. The American ...

SINGAPORE, Jan 30 (Reuters) - Chinese state oil firm CNPC plans to restart a unit at its refinery in the northeastern city of Dalian, months after closing it, as it pursues big margins from processing ...