New York state will fine fossil fuel companies a total of $75 B over the next 25 yr to pay for damage caused to the climate under a bill Governor Kathy Hochul signed into law on Thursday.

Peru's government on Thursday declared an environmental emergency in a northern coastal area, where state oil firm Petroperu last weekend spilled a crude oil shipment into surrounding waters of the ...

Mexican state energy company Pemex resumed refining operations at is new Olmeca refinery in November, working at nearly 17% of its 340,000-bpd capacity after being fully offline in October.

India's Bharat Petroleum Corp. plans to invest $11 B in southern Andhra Pradesh state for a new refinery and petrochemical project to meet rising fuel demand in the world's fastest-growing major ...

Relevant Industrial LLC (Relevant), a leading provider of industrial equipment and engineered solutions, has acquired Loy Instrument Inc., a trusted leader in process control and combustion solutions.

Indian Oil Corp. (IOC) will invest 610 B rupees ($7 B) to establish a naphtha cracker project in Paradip in the eastern state of Odisha.

Japanese oil refiner Taiyo Oil plans to shut down two crude distillation units (CDUs) at its 138,000-bpd Shikoku refinery in western Japan this week for scheduled maintenance.

Indian state refiners are considering tapping the Middle East crude market as spot supply from their top supplier Russia have fallen, in a move that could support prices for high-sulfur oil.

Saudi Arabia was the top destination for Russian sea-borne fuel oil and vacuum gasoil (VGO) exports in November, according to traders and LSEG data.

Deep Sky, the Quebec, Canada-based carbon removal project developer, has secured a $40-MM grant commitment from Breakthrough ...

The three entities will partner to build a 120,000-tpy e-methanol plant, using a 210-MW electrolyzer and Johnson Matthey's eMERALD e-methanol technology ...

India has emerged as the leading source of growth in global oil consumption in 2024 and 2025, overtaking China this year, ...