Chinese giant expands its oil & gas footprint in Southeast Asia
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has enlarged its Asian portfolio with two…
Crude oil prices fall to $67.90 after reaching two-week high on supply disruption fears
Traders are closely monitoring the Russia-Ukraine conflict for potential disruptions to fuel supplies Oil prices edged down on…
NUPRC: Nigeria’s Crude Oil Output Rises 10% To 1.71m Bpd In July
Nigeria’s crude oil production rose to 1.71 million barrels per day (bpd) in July 2025, marking a 9.9…
Indian Oil to Reliance go easy on Russia crude oil as 50% US tariffs loom
Indian refiners, including Indian Oil Corp. Ltd. and Reliance Industries Ltd., are planning to trim their purchases in…
Vår Energi Reaches Production Milestone Ahead of Schedule
Oil and gas company Vår Energi has announced that it has achieved a production rate of 400,000 barrels…
How have Trump’s tariff tantrums impacted India’s Russian oil imports? Wait for September-October crude deliveries | Business News
Amid the US rhetoric against India’s Russian oil imports, the key question is whether Indian refiners will meaningfully…
WTI Crude Oil Eyes Recovery Move, Can Bulls Turn Tables Now?
Key Highlights WTI Crude Oil prices started a recovery wave from the $62.00 support. The price surpassed a…
We Think Elinoil Hellenic Petroleum (ATH:ELIN) Can Stay On Top Of Its Debt
Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ So it seems the smart money knows…
LPG losses of oil companies narrows 35% QoQ in Q1FY26: Report
New Delhi [India], August 26 (ANI): The LPG under-recovery for Oil Marketing Companies (OMCs) witnessed a sharp decline…
Why Model-Based Oil Forecasts Keep Missing the Mark
Last week, oil traders cut their bullish bets on crude to the lowest in 16 years on expectations…
Oil eases after rising to two-week high on Russia-Ukraine supply concerns
By Anjana Anil (Reuters) -Oil prices edged down on Tuesday after surging nearly 2% in the previous session,…
Egyptian government follows up on fuel supplies for industrial, agricultural sectors
Egyptian Prime Minister Mostafa Madbouly on Monday reviewed government efforts to provide petroleum products for the industrial, agricultural,…