Sequel to a consistent surge in the price of Brent, the global benchmark for crude, the Dangote Petroleum Refinery has ...

Vår Energi discovered gas in the Elgol prospect in the Barents Sea, but preliminary estimates indicate that the discovery is not profitable.

President John Mahama has appointed legal practitioner, Victoria Emeafa Hardcastle as Acting Chief Executive Officer (CEO) of ...

Retailers are also being impacted by the higher futures prices, with the national average rack-to-retail margin for gasoline at 31.7cts/gal, according to OPIS MarginPro data. While that is 1.8cts ...

In an effort to reduce Russian energy revenues being used to fund the war against Ukraine, on January 10, 2025, the United States Department of ...

Trump is expected to sign several executive orders — some of them likely crafted by fossil fuel industry lobbyists.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating ...

In addition, the Securities and Exchange Commission just sued Elon Musk, accusing him of not notifying that agency or ...

Days before President Biden leaves the White House, the U.S. government has delivered a major blow against Russia. On January 10, 2025, the ...

The job cuts align with a renewed emphasis on bolstering BP’s oil and gas operations and steering away from renewables.

Russia's seaborne exports of petroleum products declined by 9.1% to 113.7 million metric tons in 2024, reflecting mounting ...

HOUSTON (Reuters) - Oilfield service provider SLB on Friday said its current business in Russia still aligns with new U.S.