The Petroleum Segment reported fourth quarter 2024 net income of $35 million and EBITDA of $72 million, compared to net ...

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, ...

MPGe, which stands for miles per gallon of gas equivalent, is a metric intended to make it easier to compare alternative-fuel cars' efficiency with that of purely gas-powered vehicles. In theory ...

Diversification is a lengthy and costly process, requiring investment in infrastructure, for example building new pipelines and liquefied natural gas (LNG) terminals. However, the EU and its countries ...

given how much U.S. refineries rely on imports of Canadian oil and gas. The U.S. has imported millions of barrels of crude oil from Canada on a daily basis for decades. Canada and Mexico combined ...

The coalition has been withholding barrels for more than two years to prevent ... who twice last week urged the producers to lower the cost of fuel. The cartel remains wary of inundating global ...

The Volgograd refinery — one of the biggest oil-processing facilities in Russia — produces almost 300,000 barrels a day. Currently, most of the gasoline it produces and a large part of the ...

Ukraine has struck energy facilities in southern Russia with dozens of drones, triggering fires at a major oil refinery and gas processing plant and disrupting flights from the Volga to the ...

amounting to approximately 50,000 barrels. “Part of the arrangement with Petrojam is to secure a market for its fuel oil while providing Paria with an opportunity to supply clean fuel to the ...

Ukrainian Drone Strikes Trigger Fires at Major Oil and Gas Facilities in Russia By Guy ... oil producer Lukoil in Volgograd. The 300,000 barrel-per-day refinery is the largest in southern Russia.

the President of Nigeria had the power to declare an oil field with about 10,000 barrels of oil per day (bopd) a marginal field to encourage indigenous businesses to participate in oil and gas ...