Business
South Sudan could resume oil production “as early as tomorrow” almost a year after fighting in neighbouring Sudan ruptured a key pipeline, the government...
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World
Oil from two ageing and damaged Russian tankers was detected off the coast of Sevastopol, the largest city in Moscow-annexed Crimea.
Business
British energy giant Shell and Norway’s Equinor announced plans Thursday to merge their UK offshore oil and gas assets to create a new jointly...
Business
The OPEC oil cartel and its allies are expected to extend their supply cuts to avoid a sharp drop in prices.
Business
The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were signs of disagreement among...
Business
The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out...
Business
The founder of a failed Singapore oil trading company will be sentenced Monday for cheating banking giant HSBC out of millions of dollars in...
World
Dutch judges will on Tuesday rule on an appeal by oil giant Shell against a landmark judgement binding it to reduce carbon emissions, which...
World
Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices. The fall in net...
Business
Global commodity prices should fall to a five-year low next year thanks to a huge oil glut.