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

Rwanda has confirmed the presence of oil in Lake Kivu, bordering Uganda and DR Congo. The country said there is a possibility ...

Russia’s refined-fuel exports headed for an 11-month high before the US slapped fresh sanctions on the country’s energy ...

London-based energy firm BP plan to cut its global workforce by just over five per cent, resulting in 4,700 job losses. The ...

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

The Organisation of the Petroleum Exporting Countries, OPEC, has said that the production of petroleum products, including ...

A New York Supreme Court judge dismissed a lawsuit by New York City against Exxon, BP, and Shell alleging they misled the public about climate change.

Crude oil prices continued to rally on Thursday as a drop in US stockpiles and a softer inflation buoyed sentiments in the ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...

It's possible Russia's dark fleet will re-emerge in other forms, with new owners or greater use of ship-to-ship transfers. It ...

"This time it's different" is a well-worn cliché that seems to be getting another whirl with the latest U.S. sanctions ...