India, the world's No.3 oil importer and consumer, is expected to rely on fossil fuels until at least 2040 and is positioning itself as a refining hub, Oil Minister Hardeep Singh Puri said.

Lower prices helped to drive higher-than-expected Organization for Economic Co-operation and Development (OECD) gasoil use in the third quarter, driving up overall oil demand, but weak manufacturing ...

The German cabinet approved reforms to restrict oil companies from carrying excess emissions reductions credits forward, in a step aimed at boosting the biofuel industry that was hit by a quick drop ...

EIA expects US refining margins to be unchanged next year Margins have declined sharply since 2022 due to slowing demand, higher supplies U.S. refiner margins for gasoline and diesel will be ...

MMtpy ethylene complex in northern China, part of China's recent additions of large-scale petrochemical plants, is designed to provide 4 MMtpy of high-end chemical products and fine chemical ...

Technip Energies and Shell Catalysts & Technologies have agreed to strengthen their relationship and will be moving towards global exclusivity for the delivery of amine-based post-combustion carbon ...

Rob Benedict, Vice President, Petrochemicals and Midstream, American Fuel and Petrochemical Manufacturers (AFPM), details the Biden administration's (U.S.) flip-flop on allowing individual countries ...

Norwegian shipping company Höegh Autoliners has joined forces with Australian green technology, energy and metals group Fortescue to call on global shipping regulators to fast-track the adoption of ...

The Dangote Oil Refinery has the capacity to produce winter diesel for the European market, a further indication of its potential to disrupt the global refining market.

At least eight people were injured in a fire at the Indian Oil Corp's 8-metric MMtpy refinery in Mathura, Uttar Pradesh, late Tuesday.

Deal set to close in Q1 of 2025, later than earlier target Shell to take 20% of plant's products output post-deal Plant to buy crude from ADNOC, seeking more suppliers Glencore and Chandra Asri, ...

Emissions from fossil fuels to rise nearly 1% to 37.4 Bt Severe wildfires fuel 13.5% surge in land-use emissions Emissions decrease in rich nations, rise in emerging economies Without urgent action, ...