News

The country’s oil companies have reduced pump prices by P0.70 per liter for gasoline, P0.10 per liter for diesel, and P0.80 ...
Well-supplied markets and weakening demand for crude concern American drillers.
A price reduction ranging from 10 centavos to 80 centavos per liter will be implemented on petroleum products on Tuesday, ...
OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating output increases at ...
More companies, governmental entities and regular people have been joining a class-action lawsuit in federal court involving allegations that some of the country’s largest oil producers have colluded ...
There could be about a million 'orphan' oil and gas wells across the U.S. As they age, they can leak greenhouse gases or ...
The state's ambitious Climate Superfund legislation would hold fossil fuel companies liable for emissions, but continues to ...
Despite the ex-depot petrol price reduction by the Dangote Petroleum Refinery on Monday, many marketers have refused to adjust their pump prices, saying they could run into losses.
Low global oil stockpiles were a major motivating factor in prompting OPEC+ members to raise production by 548,000 barrels ...
Filipino consumers can expect a reprieve from high oil prices next week with a possible oil price rollback of as much as ...
The U.S. has urged China, Iran’s biggest oil customer, to stop Tehran from closing the Strait of Hormuz, which handles about 20% of global petroleum. WSJ’s Austin Ramzy looks at just how much ...
Arab Finance: Khalda Petroleum plans to bring two new wells into production in June 2025, with an initial estimated total of 5,400 barrels of crude oil per day (bbl/d), according to a statement. This ...