Indian banks has begun blocking payments for Russian oil imports following the latest round of U.S. sanctions against ...

PetroSA controversially chose to partner with Gazprombank Africa to restart the gas-to-liquids refinery in Mossel Bay. A year later, the deal appears to be on the brink of collapse after the Russian ...

President Donald Trump said during his inauguration he will declare a national energy emergency aimed at boosting oil and gas ...

The provider of oil production-enhancement services saw its share price jump about 24% in its first day of trading. Oil futures settled lower on Friday, but scored a fourth straight week of gains ...

China's crude oil surplus grew significantly in 2024 due to stockpiling of discounted Russian oil, potentially mitigating the ...

Oil was higher in early Asian trading on renewed prospects of supply disruptions, ANZ said.

Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...

At least three people were killed in the assault on the capital, and at least one died and 11 were wounded in a separate ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Energy investors concerned with an overbought stock market may find these four large-cap integrated oil giants very tempting ...

A week after the US launched massive sanctions against Russia’s oil industry, SLB chief executive Olivier Le Peuch said his company’s revenue in the country “continues to decline” after it began ...

Russian seaborne oil product exports fell by almost 10% in 2024 after Ukrainian drone attacks damaged major refineries and as ...