The United States has reached an agreement with Venezuela concerning oil reserves. This deal involves taking control of sixty-five billion ...

Researchers have pioneered an innovative method that transforms sewage sludge into valuable bio-oil using hydrothermal liquefaction techniq...

Brent crude futures climbed $1.08, or 1.23%, to $89.18 a barrel as at 0040 GMT while U.S. West Texas Intermediate crude was at $84.32, up 9...

The government will support deepwater exploration through 2030-31 with significant funding. About forty-three thousand crore rupees will fu...

The United States and Venezuela have announced a significant oil deal. This agreement grants America a stake in Venezuela's vast oil reserv...

The US government plans a 35% passive stake in Alejandro Betancourt's energy company. It also seeks preferential rights to purchase 20% of ...

Iraq's Kurdistan region announced that oil production is back up and running, reaching 230,000 barrels per day. This comes after a period o...

Crude oil prices posted their first weekly decline in three weeks as improving flows through the Strait of Hormuz eased supply concerns. Br...

Oil India and Indian Oil have relinquished their Shakthi-II exploration block in Gabon. This action terminates their Production Sharing Con...

Odisha colleges must reduce cooking oil consumption in their canteens. This directive follows global supply chain disruptions and geopoliti...

The Nifty Oil & Gas Index lagged behind the broader market following the onset of the West Asia conflict. Despite this, Aegis Logistics and...

Iraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...

The Trump administration is discussing a potential US ownership stake in Venezuela’s oil industry, Axios reported, covering more than a doz...

Bharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...

Artificial intelligence could unlock approximately USD 230 billion in annual value across the global upstream oil and gas sector as the tec...

Oil prices slipped on Thursday, extending their losing streak, as hopes of a Strait of Hormuz reopening grew amid diplomatic efforts involv...

Nearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...