Aster Chemicals and Energy, the new operator of the Bukom refining complex, is planning to bid for Exxon Mobil's petrol ...

Valero Energy's chief executive on Thursday said the company's decision to close its 149,000 b/d Benicia, Calif., refinery by April 2026 was a "consequence" of state regulatory policy and a "difficult ...

Chevron said it is considering drilling an exploration well in the Walvis Basin off the coast of Namibia in 2026 or 2027.

Alaska produces a lot of crude oil, but many of the state’s utilities, businesses and homes run on natural gas, which is in ...

African energy explorer Rhino Resources has discovered light oil in its second exploration well, Capricornus 1-X, that was drilled in the Orange Basin off Namibia's coast, the company said on Thursday ...

Refining operations at Valero Energy's 149,000 b/d Benicia refinery in Northern California will "cease" by the end of April 2026, Valero said in its first-quarter 2025 earnings report Thursday. A ...

Chevron plans to drill an exploration well offshore Namibia in 2026 or 2027, joining other international majors in the region's growing oil and gas exploration activities.

Petroleum Commissioner also highlights status of other offshore and onshore exploration initiatives in southern African ...

Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are fading amid fears of a recession.