Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

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

A new US Department of Energy survey provides updated data on oil & natural gas production in the CaspianBasin. It shows that ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais has said that many global ...

Oil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, according to findings by The PUNCH.The findings are based on analysis of data ...

Gas prices in the West Coast are about to surge by as much as 10 to 45 cents a gallon over the next couple weeks, says one ...

Cooking gas prices vary across countries due to factors such as government subsidies, production costs, and distribution ...

The approval of a plan by the Iraqi Parliament to increase payments to international oil companies operating in the semiautonomous northern region is ...

OIL prices climbed about 2 per cent on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil supplies, outweighing worries escalating trade tariffs would boost ...

Days before he ordered, and then paused, new tariffs on U.S. imports from Canada and Mexico, President Donald Trump argued that the U.S. does not need imported products such as crude oil and lumber ...