MOSCOW. Feb 11 (Interfax) - The relevant Russian agencies intend to analyze the balance on the domestic market for petroleum products, after which they will reach a decision on possibly suspending ...

Oil prices extended gains on Tuesday amid concerns over Russian and Iranian oil supply and sanctions threats despite worries ...

With 25 blocks on offer across 1.91 lakh square kilometres, this is the largest in terms of acreage offered in a single bid ...

"I regard the Kurds as the lions of the Middle East for one cannot forget how they were the first to bravely stand against ...

Funded by the Ministry of Petroleum and Natural Gas, the event is jointly organised by the Federation of Indian Petroleum ...

Unprovoked shark attacks are rare in the Bahamas, with just 34 recorded since 1580, according to the Florida Museum’s International Shark Attack File. This ranks the Caribbean country ninth among all ...

Refining Projects: bp and Engineers India Limited (EIL) have signed a Memorandum of Understanding (MoU) to collaborate on ...

The request by State Sen. Steven J. Santarsiero and State Rep. Perry S. Warren said Sunoco likely failed to detect multiple ...

Shares of International Petroleum Corporation (TSX: IPCO) slipped 1% as the company reported a fourth-quarter net profit of $0.4 million, falling short of the company-collected consensus of $27 ...

Indian Oil Corporation is negotiating a long-term LNG supply agreement with U.S. exporter Cheniere Energy, signaling a new ...

Refiner Phillips 66 is the latest target of activist investor Elliott Management that is aggressively pursuing companies in the energy space. The Wall Street Journal reported that Elliott, which had ...

Retail group PETROAN said its members are loyal to all the refiners in the country including the $20bn Dangote Refinery and the NNPCL.