The Chamber of Bulk Oil Distributors (CBOD) has accused the National Petroleum Authority (NPA) of violating a directive from the President concerning the berthing and discharge of petroleum products ...

Donald Trump announces China can now purchase oil from Iran, expresses hope they will buy from the U.S. as well. Claims credit for making it possible amid Israel-Iran ceasefire.

By Alek Buttermann Russia has stepped up efforts to deepen its energy ties with Mexico, offering to supply liquefied natural ...

Occidental Petroleum (NYSE: OXY) has the backing of Warren Buffett's Berkshire Hathaway. All in, Occidental Petroleum ...

Hindustan Petroleum Corporation Ltd is up for a third straight session in a row. The stock is quoting at Rs 405.3, up 3.06% ...

With the RMDB expected to play a catalytic role in mobilising financing and technical expertise across West and Central Africa, the meeting marks a pivotal moment in the drive to reposition Nigeria’s ...

OTTAWA--Canadian factories remain under pressure, with an early estimate pointing to a further pullback in sales in May. Manufacturing sales declined an estimated 1.3% from a month prior, Statistics ...

Pennsylvania’s natural gas impact fee generated $164.5M in 2024, fueling local projects, job growth, and nearly $3B in ...

Well-supplied markets and weakening demand for crude concern American drillers.

Crude oil sector shares, including oil marketing companies, aviation, and others, saw a boost due to a drop in Brent crude oil prices following a ceasefire announcement by US President Trump. Key ...

Egypt has awarded seven new exploration licenses, as part of an ongoing government drive to boost E&P investments in the country. The winning bidders have committed to drill at least 17 exploration ...