In the final days of Joe Biden’s presidency, the US unveiled its most sweeping and aggressive effort yet to disrupt the oil shipments that are helping Russia to fund its war in Ukraine.

President-elect Donald Trump’s choice to lead the Interior Department will champion America’s energy wealth as a means to ...

Oil prices fell back slightly on Thursday, a day after settling at multi-month highs on the latest U.S. sanctions on Russia ...

BP will sign a deal with the Government of Iraq to redevelop four oil and gas fields in the Kirkuk region in northern Iraq.

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally ...

Independent Petroleum Marketers Association of Nigeria (IPMAN) said its members now patronise Dangote Refinery following the ...

By Siyi Liu, Florence Tan and Nidhi Verma SINGAPORE (Reuters) -Spot premiums for Middle East crude rose to their highest in ...

The petition argues that the allocations violate the provisions of the Petroleum Industry Act (PIA) and the 1999 Constitution ...

The Organization of the Petroleum Exporting Countries (OPEC) has forecast global oil demand growth rate at 1.4 million ...

LONDON (Reuters) -BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' ...

China's oil imports decline for the first time in two decades. Electric vehicles and LNG reshape China's energy consumption ...