Azerbaijan’s state oil company Socar is close to signing a deal to buy privately-held Italian refiner Italiana Petroli, Reuters reported on Monday, citing sources. The Brachetti-Peretti family, owners ...

India’s top refiner, Indian Oil Corporation Ltd (IndianOil), has forgone buying U.S. crude at this week’s tender, instead opting for Middle Eastern and West African crude, sources in the oil trade ...

NEW YORK/HOUSTON, Sept 18 (Reuters) - A U.S. judge upheld the validity of Venezuelan state oil company PDVSA's 2020 bonds on Thursday, prompting a judge in another court to move towards the completion ...

WASHINGTON (Reuters) -The U.S. Environmental Protection Agency on Friday approved most of its backlog of requests by small oil refineries for biofuel law exemptions, raising concerns among biofuels ...

NEW DELHI (Reuters) -Saudi Aramco and Iraq's state oil company SOMO have stopped selling crude oil to India's Nayara Energy in the aftermath of sanctions imposed in July by the European Union on the ...

HOUSTON, Aug 21 (Reuters) - A U.S. court auction of Venezuelan-owned U.S. refiner Citgo is heating up after delays as bidders raise their offers, good news for creditors seeking compensation from the ...

The Trump administration granted full exemptions to the Renewable Fuel Standard on 63 petitions from small U.S. refineries, while granting partial exemptions on 77 petitions and denying 28 petitions, ...

Nayara Energy Ltd, the Europe-sanctioned oil refiner that’s partially owned by Russian giant Rosneft PJSC, appointed a new Chief Executive Officer from a unit of Azerbaijan’s state-run oil company.