World
A Philippine-flagged tanker carrying 1.4 million litres of industrial fuel oil capsized and sank off Manila on Thursday, authorities said, as they raced to...
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Business
The discovery of huge deposits of natural resources including oil, gas and gold in the Ivory Coast is pushing the country’s economy in a...
Business
From forest fires to hurricanes and other natural disasters: climate change risk is increasingly influencing oil prices, just as the world is struggling to...
World
Brazil’s President Luiz Inacio Lula da Silva said Wednesday that a controversial offshore oil exploration plan near the mouth of the Amazon River was...
Business
The world is likely to have a major surplus of oil by 2030 as production is ramped up while the clean energy transition tempers...
Business
Senegal joined the club of oil-producing countries on Tuesday as Australian group Woodside Energy announced that production had started in the west African country’s...
Business
Oil giant Saudi Aramco said on Thursday it plans to sell 1.545 billion shares worth more than $10 billion in one of the biggest...
Business
US energy giant ConocoPhillips announced Wednesday that it is acquiring competitor Marathon Oil for $22.5 billion in the latest big petroleum merger consummated in...
Business
Kuwait said Wednesday its refining capacity had reached a record 1.8 million barrels per day as it inaugurated one of the region’s biggest refineries...
Business
The new boss of Brazil’s Petrobras said Monday it was crucial that the state-run company “accelerate” oil exploration, including in a controversial offshore basin...