oil industry

Speaking at an induction ceremony for managers of the company’s financial and international affairs departments, CEO Hamid Bovard…

“The new deposit contributes significantly to Hungary’s security of supply, as domestic production reduces import dependency,” MOL emphasized.…

Published on 02/09/2025 – 10:00 GMT+2 ADVERTISEMENT Sanctions against Russia, North Korea, and Iran will continue to fail…

Marathon Petroleum (NYSE: MPC), the biggest U.S. refiner by volumes, topped the average analyst estimates for second-quarter earnings,…

Despite big promises by oil majors to reduce gas flaring, the practice continues to be a major issue,…

When people talk about oil majors, the same names always come up—Exxon, Chevron, Shell, Aramco. But geopolitics and…

Brazil has become the latest target of U.S. President Donald Trump’s ire after the Republican frontrunner threatened 50%…

TEHRAN — A member of Iran’s parliamentary Energy Committee has praised oil and gas sector workers for their…

ADVERTISEMENT As oil prices are climbing after the attacks on Iran by Israel and then the US, investors…

Brazil’s government is looking to extract some $6.2 billion from the country’s oil industry in a bid to…

The decline in oil prices and the prevailing uncertainty about the economy, trade, and supply chains are accelerating…

The United States is withdrawing its troops from Syria and plans to reduce its contingent there to 900,…

Iran intends to diversify crude sales, boost oil output vol.