Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its ...

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.

Saudi Arabia’s economy is categorised as high-income by the World Bank and is the only Arab country in the G20. It ranks high ...

A new US Department of Energy survey reveals that four Caspian Basin states collectively account for 3% of global energy ...

Increasing economic sanctions on Russia, a tanking ruble, and restrictions on international payments have made gold more ...

Pertamina Hulu Energi (PHE), the upstream unit of state-owned oil and gas giant Pertamina, is mulling over a plan to operate ...

The Indian rupee has faced downward pressure against major currencies like the US dollar. Factors contributing to this ...

Two deep, one unconventional and one old’ strategy aims to revitalise China’s upstream prospects through targeted exploration ...

If fully utilized, these reserves can lower world oil prices, affect energy markets, and change the trend of oil trade in global markets. This may benefit many countries that rely on imported oil but ...

The location of the US Strategic Petroleum Reserve and the critical role it has played and will continue to play during ...

Law Minister Azalina Othman said that Petronas’ recognition of Sarawak government-owned Petros as the state’s gas aggregator ...

Globally, the average price of gasoline around the world is 1.25 U.S. Dollars (1941.46 Naira) per litre, with a substantial ...