A prolonged atmospheric river will continue to drive moisture into the Pacific Northwest and northern California. Rain, snow ...

State-owned Bharat Petroleum Corporation Ltd (BPCL) will set up India’s costliest oil refinery-cum-petrochemical complex in Andhra Pradesh at an estimated cost of Rs 95,000 crore. The proposed ...

Integrated oil giants ExxonMobil and Chevron are in their best shape in over a decade. Exploration and production companies are more sensitive to changes in oil prices. Performing no matter the ...

The Cabinet – not PetroSA – announced in December 2023 that Russia’s Gazprombank had been selected to restart Mossel Bay’s gas-to-liquids refinery. The choice of a sanctioned Russian bank ...

The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has approved the construction of a new 10,000 barrels per day refinery in Delta State.

ASTANA – The Kazakh Energy Ministry stressed the need to build a new oil refinery by 2030 to process at least 10 million tons of oil annually, Kazinform reported on Jan. 21. Energy Minister Almasadam ...

Exxon Mobil Corporation XOM is currently considered expensive on a relative basis, with the stock trading at a 6.64x trailing 12-month Enterprise Value to Earnings Before Interest, Taxes ...

XOM stock is trading at a 6.64x trailing 12-month EV/EBITDA; the broader industry average is currently 4.19x. Over the past year, XOM has risen 20%, significantly outpacing the 15.9% jump of ...

A divided Federal Trade Commission granted final approval for Exxon Mobil’s $64.5 billion purchase of Pioneer Natural Resources and Chevron’s $53 billion acquisition of Hess Corp. A divided ...

Esso Australia Resources is a wholly owned subsidiary of US supermajor ExxonMobil. The Gippsland basin joint venture is owned by Esso Australia and country’s Woodside Energy, with each holding a ...

Dangote refinery's recent hike in its cost of the product has stirred a fresh controversy in the polity amid harsh economic realities Dangote announced on Friday that petrol price will increase from ...