The Exxon Mobil refinery in southwest suburban Channahon, Illinois, said it trying to find what caused a major power outage ...

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has disclosed that intense political pressure was mounted to keep Nigeria's state-owned refineries ...

Oil prices are once again uncomfortably high, but the bigger problem is lurking just beneath the surface.

Add Yahoo as a preferred source to see more of our stories on Google. Pressure is mounting on California regulators to reconsider proposed rules affecting oil refineries as industry leaders and some ...

A Sunday power outage knocked out ExxonMobil's Channahon refinery for hours, and fuel analysts say Chicago-area gas prices ...

Blockading the Strait of Hormuz is a temporary factor boosting the oil price whereas losing refining or shipping capacity could keep the price high for years.

Add Yahoo as a preferred source to see more of our stories on Google. Rising tensions in the Middle East and ongoing refinery closures in California are fueling concerns about higher gas prices ...