Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector that will impose an emissions fee on ships that breach it and reward vessels ...

Despite the announced pause in U.S. tariffs, recent market volatility and ongoing uncertainty are going to have a dramatic impact on global refined product demand, a new analysis S&P Global Commodity ...

The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil storage terminal linked via a pipeline to an independent refinery, just ...

A U.S. and biofuel coalition recommended that the Environmental Protection Agency propose federal mandates for biomass diesel blending for 2026 at 5.25 billion gallons (Bgal), which would be a ...

Ukraine will introduce the mandatory addition of 5% bioethanol to motor fuel from May 1 to meet EU sustainability regulations, and some European refineries have already started producing fuel for ...

Russian energy company Novatek plans to build a complex in Murmansk to process and ship stable gas condensate.

Russia's exporters of liquefied petroleum gas (LPG) are unlikely to be able to provide enough LPG to make up for U.S. supplies disrupted by tariffs, traders said on Thursday, citing a lack of ...

TransTech Group has completed the acquisition of Koch Heat Transfer’s international assets and intellectual property through ...

CF Industries Holdings Inc., a leading global producer of ammonia, has formed a joint venture (JV) with JERA Co. Inc. (JERA), Japan’s largest energy company, and Mitsui & Co., Ltd. (Mitsui), a leading ...

An oil refinery operated by Russian oil giant Rosneft in Komsomolsk-on-Amur in the country's Far East region is producing at full capacity after a fire at the site was extinguished on Thursday.

Taiwan's Formosa Petrochemical Corp. is operating its refinery at 68% capacity this month, or about 370,000 bpd, down from 70% in March due to planned maintenance on one of its refining units.

The advent of direct air carbon capture (DACC) systems presents a groundbreaking opportunity to capture carbon dioxide (CO2) and repurpose it as a valuable feedstock for petrochemical products like ...