ExxonMobil is closing its Fife Ethylene Plant in Scotland in February 2026, citing difficult economic and policy conditions in Britain. The...

Global petrochemical sector is undergoing a significant transformation with closures and disposals, particularly in Europe, due to rising c...

Hurricane Ida knocked out at least 94% of the offshore Gulf of Mexico oil and gas production and caused "catastrophic" damage to Louisiana'...

BP is the first of Australia's four refiners to pull the plug on its plant in the wake of this year's slump in demand, triggered by the cor...

Brent crude futures for October, set to expire on Friday, fell 9 cents, or 0.2 per cent, to $45.00 a barrel, while the more active November...

What happens to the oil refining industry will have ripple effects across rest of the energy industry.

The economic impact of the Covid-19 has ripped through the oil industry in dramatic phases.

If completed, the acquisition will propel the company to the world's largest in a category that's dominated by Chinese conglomerate Kangde ...

Both SunEdison and Enron came into India with mega promises; both were crushed by their own ambitions as their financial practices unravell...

ONGC and its partners will invest about $24 billion in producing natural gas from a giant field off Mozambique, converting it into LNG for ...