U.S. crude inventories unexpectedly rose as imports increased, while gasoline stockpiles fell last week, the Energy Information Administration said.

Vietnam's Binh Son Refining and Petrochemical has bought 1 MMbbls of U.S. West Texas Intermediate crude for November delivery, the country's first U.S. oil purchase in 2025.

Japanese oil refiner Idemitsu Kosan restarted the 155,000-bpd No.3 crude distillation unit at its Yokkaichi refinery in central Japan on August 11, following scheduled maintenance, a company ...

South Korea's government will announce a plan this month to restructure the country's petrochemical sector, which is in a "grave" situation, Industry Minister Kim Jung-kwan said.

Thyssenkrupp Nucera is in intensive discussions with stakeholders in its U.S. projects and is abandoning those no longer deemed feasible due to tax and spending changes initiated by the U.S.

A key segment of China's petrochemical sector is set to expand by almost half between now and 2028 even as growing competition in the broader refining sector slashes profits.

The ethylene unit at Orlen Unipetrol's Litvinov plant in the Czech Republic must be shut for several days due to a technical fault, the company said in a statement.