News

China has taken a firm stance against U.S. demands that it stop buying oil from Russia and Iran or face a possible 100% ...
More than 120 firefighters were trying to extinguish a blaze at an oil depot in the Russian city of Sochi that was sparked by ...
BP has made its largest global oil and gas discovery in 25 years in Brazil's Santos basin, it said on Monday, in what may be ...
OPEC and allies have vowed to 2.2 million barrels of daily oil production, which should crash the oil market. It hasn’t ...
The co-founder of a local energy firm claims that an inner-company rival used a “sham investigation” and whisper campaign ...
Aug 4 (Reuters) - Libya's National Oil Corporation (NOC) said on Monday it signed a memorandum of understanding (MoU) with ...
Over the past decade, scores of Big Oil companies have set up separate trading divisions that frequently rake in billions in ...