The second unit of Eastern Refinery Limited (ERL) could save Bangladesh millions of dollars annually by reducing reliance on expensive refined oil imports. Yet, more than five decades after the ...

Goldman Sachs said on Friday a proposed 10% US oil tariff could cost foreign producers $10 billion per year, as Canadian and Latin American heavy crudes remain reliant on US refiners due to limited ...

The 16-inch Nun River-Kolo stream crude trunkline in Bayelsa ceased receiving crude feeds after an oil spill, according to ...

Restarting the Santa Ynez Unit oil infrastructure locks us into decades of pollution; pipeline failure would lead to ...

After making billions in cement, Nigerian Aliko Dangote is tackling oil and corruption in his quest to become Africa’s Rockefeller.

U.S. President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports to restart or face ...

Western sanctions on some oil producers, like Iran, Russia and Venezuela, have caused a growing number of oil tankers to “go ...

A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.

Russia doesn’t view sanctions relief as a critical factor in negotiations to end the war and isn’t expecting any significant ...

Transocean's high-spec fleet and long-term contracts position it to outperform peers despite cyclical downturn in offshore ...

Oil is headed for its biggest weekly gains since the middle of January as supply disruptions and rising demand supported ...