Oil marketing companies (OMCs) update petrol and diesel prices every day at 6 AM to maintain transparency and account for ...

BP's management plans a strategic reset, including potential M&A, and has increased dividends by 10%. Read why BP stock is a ...

Residents are still waiting to receive most of the money from the settlement because of pending appeals, although some ...

The China National Offshore Oil Corporation (CNOOC) has discovered a major oilfield in the eastern South China Sea, state ...

Oil prices eased on Monday, heading for a slight quarterly loss despite a warning by U.S. President Donald Trump that he may ...

SHENZHEN -- The China National Offshore Oil Corporation (CNOOC) announced on Monday that it has discovered a major oilfield ...

OPEC+, which is comprised of the Organization of the Petroleum Exporting Countries and their allies, said on March 3 that it would go ahead with plans to boost production starting April 1 by gradually ...

U.S. President Donald Trump's threat to impose secondary tariffs of 25% to 50% on buyers of Russian crude oil is just crazy ...

The Iraqi Prime Minister confirmed on Sunday that the country’s refining capacity will soon reach 1.54 million barrels per ...

US President Donald Trump said that he will impose secondary tariffs on russian oil and petroleum products if the aggressor ...

The House of Representatives Public Accounts Committee (PAC) has announced the recovery of an additional $14.2 million (N21.4 ...

With new oil and gas exploration projects underway in Bihar’s Samastipur and Uttar Pradesh’s Ballia, the region could emerge ...