The price of Iran's Bahar Azadi gold coin rose to 747 billion rials ($1,303) on May 21, 2025, reflecting a slight increase ...

Thanks to the nearby oil fields, the refinery helped the region become an early hub for Europe’s oil trade. During World War II, its value was clear– so much so that Allied forces bombed it to ...

Tuscaloosa Fire Rescue confirmed they responded to an incident at the Hunt Oil Refinery, WBRC and WVUA reported. Reports of a blast could be heard at least 16 miles away from the Hunt Oil refinery ...

Various local news sources in Tuscaloosa, Alabama, are reporting that an explosion has left smoke billowing from a local oil refinery. According to WBRC, Tuscaloosa Fire Rescue confirmed that an ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil. By Rebecca F. Elliott Oil prices resumed their slide after the OPEC Plus cartel of ...

The only refinery in Scotland has stopped processing crude oil after 100 years of operation, as planned by its owners who announced the decision in the autumn of 2024. Last September, the owner of ...

Oil giant Valero announced this week it may shutter its refinery in Benicia. The company sent a notice to the California Energy Commission indicating it may restructure the refinery or cease ...

Apr. 16—BENICIA — The vast oil refinery in Benicia faces an uncertain future — including a possible closure — after its owner alerted state energy officials that plans were in the works ...

March 20 (UPI) --Federal officials have sanctioned a Chinese oil refinery, as well as an oil storage facility and their owners to cut off Iranian revenues from illicit oil sales that violate ...

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MOSCOW, Feb 24 (Reuters) - Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones on Monday, three industry sources told Reuters. The main crude distillation ...

An oil industry trade group questions whether the state would have the expertise to effectively run a refinery, citing a lack of “understanding of the industry and how it works.” Russia.