Frankfurt am Main: The US ambassador to Germany has warned of sanctions against firms linked to the Nord Stream 2 gas pipeline from...
Frankfurt am Main: The US ambassador to Germany has warned of sanctions against firms linked to the Nord Stream 2 gas pipeline from...
Accra - Norway's Aker Energy on Thursday said it had discovered oil in commercial quantities off Ghana, which the government welcomed as a...
WASHINGTON: China-based Yantai Jereh Oilfield Services Group Co Ltd has agreed to pay more than $2.7 million to settle allegations it did business...
Rio de Janeiro: Thieves who broke into a pipeline near Rio de Janeiro to steal oil caused a four-kilometer (2.5-mile) spill of crude...
NEW DELHI: India will import crude oil from Iran using a rupee-based payment mechanism, an industry source involved in discussions told Reuters on...
SOFIA: Bulgaria will go ahead with plans to spend 1.4 billion euros ($1.59 billion) to build a new gas link to transport Russian...
Tokyo: Oil prices rose on Wednesday ahead of an OPEC meeting next week at which the producer club is expected to decide some...
CARACAS, Venezuela: Venezuela will hold onto its U.S.-based Citgo refineries, settling a long-standing dispute that threw ownership of the crisis-wracked country's prized assets...
Venezuela’s fuel shortages are worsening as mass resignations at the state oil company’s tanker fleet have delayed gasoline shipments. Petroleos de Venezuela SA’s...
ANKARA: Turkey warned energy companies on Sunday against working with the Greek Cypriot government in carrying out exploratory drilling in the eastern Mediterranean,...
ABU DHABI: Sudan's oil minister said on Tuesday he expected bidding to develop the country's oil and gas blocks to start in the...
MOSCOW: Rosneft wants its Western oil buyers to accept new terms and pay penalties from 2019 if they fail to pay for supplies...
Tokyo: Japanese buyers of Iranian crude oil are expected to prepare to resume imports from the Middle Eastern nation after Tokyo was granted...
Saleha Mohsin and Nick Wadhams (Bloomberg) -- The U.S. gave a stark warning to companies around the world: Evading sanctions on Iran will...
Oman's oil and condensates output increased to 990,200 barrels per day (bpd) in September, the oil ministry wrote on Twitter on Sunday. The...
LONDON: Oil prices rose on Friday on signs of surging demand in China, the world's second-biggest Oil consumer, although the market was heading...
Iran has no plans to cut oil production, the head of the state-run National Iranian Oil Company (NIOC), Ali Kardor, said on Monday,...
LAGOS & ABUJA: Nigeria's main unions launched an indefinite strike on Thursday in a dispute over the minimum wage and a key oil...
