California's high gasoline prices are primarily driven by state taxes and fees, not excessive profits by oil refiners. Data from the California Energy Commission reveals that oil refiners often ...

Russian crude has accounted for a very small portion of supply for Indian state-run refiner Hindustan Petroleum Corporation Limited (HPCL) as oil from Russia has not been economical to run at the ...

NEW YORK (Reuters) -Investors are expecting top U.S. refiners to report higher second-quarter profits, bouncing back from losses during the first three months of the year as unseasonably strong diesel ...

Valero Energy (NYSE:VLO) is downgraded to Equal Weight from Overweight and PBF Energy (NYSE:PBF) is cut to Underweight from Equal Weight with respective $175 and $27 price targets at Morgan Stanley, ...

Whether they drill, mine, or manufacture, energy companies have had a rocky first quarter. Refiners are the rare exception. Refiners, which convert crude into gasoline and other products, are impacted ...

HOUSTON, Aug 2 (Reuters) - An oil refiner backed by activist investor Carl Icahn and a group of creditors holding claims against Venezuela are competing in the last mile of a U.S. court auction for ...

Rosneft, the Russian state oil company, has entered into an agreement with Reliance, an Indian private refiner, to supply close to 500,000 barrels per day (bpd) of crude oil, reported Reuters. This ...

Indian refiner Nayara Energy is set to receive the lowest-ever amount of crude this month, as oil imports and product exports buckle under the weight of EU sanctions. Nayara — part-owned by Russian ...

EPA expected to rule soon on a number of the 190 pending refiner exemption requests. EPA expected to delay decision on whether larger refiners should make up for exempted gallons. The decisions will ...