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

It produced 775,000 barrels of oil equivalent (BOE) per day in 2024. Its U.S. operations accounted for 376,000 BOE per day.

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

According to the Petroleum Planning & Analysis Cell (PPAC), India’s import dependency of crude oil, on POL (Petroleum, Oil & Lubricants) basis rose to its highest on record at 90.6 per cent in ...

Oil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and Israel, said industry ...

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 ...

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Oil prices could surge to $120 per barrel if the Israel-Iran conflict disrupts supply through the Strait of Hormuz, where almost a third of global seaborne oil trade flows daily.

Goldman Sachs estimates a geopolitical premium of approximately $10 per barrel on Brent crude, though it suggests oil could exceed $90 if Iranian supply is disrupted. The bank's base-case scenario ...

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

As a net importer of crude, India faces mounting risks from rising oil prices — with potential implications for its economy, currency, and markets. As tensions escalate in the Middle East, here are ...

Crude oil inventories in the United States fell by 11.5 million barrels during the week ending June 13, according to new data from the U.S. Energy Information Administration (EIA) released on ...