Economics

China eases controls on fuel exports for a second month

Opinion: Iran war ushers in oil refining golden era—it won’t last

Despite occupying a critical position in the global energy supply chain, refining has long been the least glamorous corner of the oil business.

bp completes sale of Gelsenkirchen refinery as overhaul continues

The London-listed company has made sweeping changes over the past year to boost profitability as it pursues a strategy reset after an ill-fated foray into renewables.

Refinery attacks keep European fuel prices around record highs

Shell profit more than doubles to $9.8 B, second-highest on record, as Iran war lifts prices

China's shifting energy mix weakens pillar of global LNG growth

Middle East crude premiums surge, Asian refiners seeking alternatives

The attacks in the Red Sea by Yemen's Iran-aligned Houthis came after renewed U.S. and Iran strikes in the Middle East and shipping blockades on traffic through the Strait of Hormuz again choked oil shipments through that crucial waterway, slowing crude oil and fuel exports to Asia.

Johnson Matthey completes acquisition of Cormetech

Founded in 1989, Cormetech is a globally leading, high-growth U.S. manufacturer of selective catalytic reduction (SCR) catalysts serving over 400 long-standing customers.

Opinion: Cutting off Red Sea oil route may be one crisis too many

Nearly two weeks into the renewed conflict between the United States and Iran, tensions in the Middle East rose sharply after the Iran-backed Houthi militia on Monday declared a blockade against Saudi vessels seeking to pass through the Bab el-Mandeb Strait at the southern entrance to the Red Sea.

Union coalition urges investors to hold bp accountable for growing risks at Whiting (U.S.) refinery

During a global investor briefing, representatives of the three organizations outlined how bp's decision to lock out members of USW Local 7-1 while continuing to operate its largest refinery has created unnecessary operational, financial and reputational risks at a time of continued volatility in global energy markets.