Phillips 66 reports Q4 adjusted loss, with refining margins declining. Western Canadian crude will continue to flow to U.S. refiners but at greater discount if Trump enacts tariffs.

Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard by a ...

Ukrainian attacks on oil facilities deep within Russian territory continue. Since the start of 2025, the frequency of strikes ...

LyondellBasell (NYSE: LYB) started closing down its Houston refinery earlier this month. The 107-year-old refinery is ...

LyondellBasell is in solid financial health. Management reported a net debt/adjusted EBITDA ratio of 1.8 times as of Dec. 31, 2024. We expect the leverage ratio will remain healthy over time as the ...

LyondellBasell Industries said it has halted operations of a crude and coker unit at its 290,000 b/d Houston refinery as the global chemicals company continued the oil refinery's scheduled shutdown ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

Comstock Inc. (NYSE: LODE) ("Comstock" and the "Company") today announced the execution of definitive agreements between Comstock Fuels Corporation ("Comstock ...