The Marshall Islands-flagged Advantage Sweet was being taken by Iran's navy to an unnamed port because of an "international dispute", the o...

After last week's choppy performance, equities began the week on a positive note ahead of reports in the coming days on consumer confidence...

"It is important to keep in mind that moves to the downside have the potential to be supersized," given rising coronavirus cases and increa...

Futures rose as much as 3.5 per cent Monday in London to top $74 a barrel.

Berkshire has amassed a $4.5 billion-stake in Phillips 66, making it the biggest shareholder in the largest United States oil refiner.

ONGC Videsh Ltd is among the 19 companies and seven groups to have pre-qualified to bid for Mexico's maiden offshore oil blocks auction.

Of the imports, 80.51 million tons will be done on term contract and the remaining 19.09 million tons on spot tender basis.

Cairn India and its erstwhile promoter Cairn Energy plc of UK are among the firms that have been shortlisted to bid for Lebanon's maiden au...

India's largest explorer is negotiating with ExxonMobil's Angolan arm to buy its 25% stake in an oil field for about $2 billion.

Chinese state-run oil majors CNOOC and Sinopec are learnt to have emerged frontrunners for the acquisition of 30% stake in an oil block in ...

Royal Dutch Shell, BP and other oil companies wrapped up evacuations and shut down production Saturday as an intensifying Hurricane Gustav ...

ONGC Videsh Ltd once again found itself in a standoff with a Chinese oil firm for control of Angolan oil and gas assets held by US-based Ma...

Marathon could become a takeover target for oil giants sitting atop massive piles of cash but struggling to find new sources of crude. Worl...

ONGC Videsh (OVL), the overseas arm of public sector Oil & Natural Gas Corp, on Monday qualified to bid for oil and gas contracts in Iraq t...

ONGC Videsh Ltd, the overseas arm of state-run Oil and Natural Gas Corp, on Monday qualified to bid for oil and gas contracts in Iraq to de...

Petroleum companies are trying to hire thousands of engineers to keep up with busting oilfield activity and a growing number of retirees, a...

Cairn India has appointed Sundeep Bhandari as the chairman of the company's Corporate Advisory Board (CAB), which will provide inputs to th...