Ongoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...

Indian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...

India is grappling with rising global bond yields and surging oil prices, which are heightening imported inflation. These economic challeng...

North American Blue Energy Partners will acquire Venezuelan oilfields from Chinese and Russian companies. This move follows a significant o...

As part of the engagement, Beicip-Franlab will undertake seismic interpretation, geological and reservoir studies, prospect ranking, resour...

Following a critical oil crisis, India has surfaced as a pivotal fuel supplier. Refineries reached peak performance, promoting export expan...

On Tuesday, oil prices surged as concerns over supply disruptions arose due to escalating conflicts in the Middle East. Both Brent crude fu...

ONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...

Venezuela's interim president announced a historic 25-year energy accord with the United States. This agreement targets increasing crude ou...

Donald Trump announced plans to refill the Strategic Petroleum Reserve. He stated Venezuelan oil would be used for this replenishment effor...

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

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 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 ...

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

Global oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...

On Tuesday, oil prices found stability following a notable decline on Monday. Investors are currently evaluating newly imposed U.S. sanctio...