It is ‘very’ important that we refill Strategic Petroleum Reserve: Dan Brouillette
Former U.S. Energy Secretary Dan Brouillette analyzes global energy markets, oil price volatility amid the U.S.-Iran stalemate, potential…
Borders & Southern Petroleum says its talking to multiple parties as spotlight shines on Falklands oil
Borders & Southern Petroleum (AIM:BOR) said accelerating development of the Sea Lion oil project is sharpening investor attention…
2 dead, 16 rescued after tanker fire off Incheon
A fire on a Korean petroleum tanker near Jawol Island killed two crew members while 16 others were…
Petroleum minister orders SSGCL reform plan, focus on UFG, financial viability
Minister of State for Finance Ali Pervaiz Malik speaks during a press conference. — PTV/File ISLAMABAD: Minister for…
Offshore Asia-Pacific roundup: Sri Lanka licensing round, Malaysia-Thailand gas deal, seismic survey
The Petroleum Development Authority of Sri Lanka (PDASL) has launched the Sri Lanka Licensing Round 2026 (SL2026-01). Four…
Sri Lanka opens offshore bid round
The Petroleum Development Authority of Sri Lanka opened the Sri Lanka Licensing Round 2026 (SL2026-01) offering four offshore…
Vallee petroleum theft probe leads to 6 arrests in Texas
A Texas-based oil and gas company doing business as Vallee is under investigation for suspected participation in the…
Has Marathon Petroleum (MPC) Outpaced Other Oils-Energy Stocks This Year?
Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Has…
Current price of oil as of Aug. 27, 2026
By 7:15 a.m. Eastern Time today, oil had reached $89.68 per barrel, measured using the Brent benchmark. That’s…
Norway’s Oil Companies Team Up in Search of Big Discoveries
Equinor, Aker BP, and Vår Energi announced they are forming a partnership to explore what are believed to…
West Texas oil theft scheme leads to six arrests, $12 million seized
More than 2,600 barrels of petroleum products were seized in August from Vallee Oil and Gas, a wastewater disposal…
Africa’s largest refinery says petrol imports are taking 43% of Nigeria’s market, forcing its $20 billion refinery to export surplus fuel
The Dangote Petroleum Refinery said significant volumes of imported petrol entering Nigeria have made domestic demand increasingly…