Petroleum product marketers have crashed their prices further due to competition and falling crude costs, Notably, NIPCO, ...

OLA Energy Kenya, formerly known as Oil Libya, is a subsidiary of the Libya Africa Investment Portfolio, a sovereign wealth ...

Chinese companies' involvement in Russian liquefied natural gas projects is being discussed by Russian and Chinese ...

Occidental Petroleum beat Wall Street estimates for first-quarter profit on Wednesday, helped by higher production and ...

At Emarat’s Crypto.com‑enabled service stations, customers will be able to pay with any of the cryptocurrencies supported by ...

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

The Malaysian Anti-Corruption Commission (MACC) is investigating a corporate figure with the honorific title “Tan Sri” over ...

Downstream sector operators have adjusted the prices of Premium Motor Spirit (PMS), also known as petrol, and other petroleum ...

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has called on the Nigerian National Petroleum Company Limited (NNPCL) to boost oil production significantly by the end of the ...

Occidental Petroleum (NYSE:OXY) reported stronger-than-expected earnings for Q1 2025, driven by higher commodity prices and ...

Brent crude futures were up 74 cents at $61.86 a barrel at 0912 GMT, while U.S. West Texas Intermediate crude rose 80 cents ...