But Auchincloss — a 54-year-old Canadian brought in to replace Bernard Looney, architect of the company’s green push, in 2023 ...

Crude oil futures jumped after Iran said it is suspending cooperation with the International Atomic Energy Agency, returning ...

Illinois was a top-10 oil producing state from 1941 to 1945, producing 470 million barrels of oil, or 6% of overall U.S. production.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced plans to start issuing import ...

Billions of dollars were laundered after being misappropriated from 1MDB and used to fund luxury purchases for financier Jho Low and then-Malaysian prime minister Najib Razak. Infamously, some of the ...

The American Petroleum Institute reportedly shows a build of 680K barrels of oil in US commercial stockpiles for the week ending June 27, after reporting draws over the previous five weeks.

Filling the production drop from 2030 to 2035, probably in the range of 200,000 to 300,000 barrels per day – or about 10% of its total – is possible without acquisitions.

Crude Inventories Rise By 1.7 Million Barrels; WTI Oil Tests Session Highs By: Vladimir Zernov Updated: Mar 19, 2025, 15:06 GMT+00:00 ...

In a move to sanitise Nigeria’s lubricant market, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced plans to begin issuing licences for lubricant imports. The ...

Meanwhile, crude oil prices surged sharply in June amid heightened Middle East tensions, touching around $79 per barrel — the highest since January 2025 — before easing by 14 per cent as tensions ...

The Current Account Deficit or CAD (as per cent of GDP) is projected at 1.0 per cent in FY25 and 0.9 per cent in FY26, while ...