Apache plans to invest $3.5bln in Egypt over the next five years for exploration and production in its concessions in the ...

Chinese refiners are being offered Russian ESPO crude cargoes at lower prices as growing concern around US sanctions increase ...

Gulf Coast refiners are shunning Mexican crude oil due to excessive water content, leading to concerns about refining ...

Meanwhile, the IOCL is progressing with key refinery expansion projects. the company anticipates commencing operations at its ...

Saudi Arabia's crude oil supply to China is set to slide in March from the prior month, trade sources said on Tuesday, after ...

The government on Tuesday opened the tenth round of bidding for the exploration and production (E&P) of oil and gas assets, ...

British oil major BP on Tuesday posted a sharp drop in fourth-quarter profit, pledging to “fundamentally” reset the embattled energy company’s strategy.

Oil smuggling remains highly profitable despite sanctions on Russia, Iran, and Venezuela, which together produce about 16 million barrels per day at a discount. Western sanctions create obstacles but ...

SINGAPORE: Oil prices extended gains on Tuesday after a report showed Russian oil production fell short of quota ...

Troops of the 6 Division, Nigerian Army, in collaboration with other security agencies, have arrested 29 suspected oil thieves and recovered over 60,000 litres of stolen petroleum products in a series ...

India is raising its crude processing capacity as the world's third-largest oil importer and consumer wants to be a major ...

WTI crude oil rebounds from the support level after the US employment data but remains vulnerable to economic uncertainties.