The United States has blacklisted two Yemeni nationals and five companies on accusations of laundering money and importing ...

Nigeria has partnered with S&P Global Commodity Insights to develop a regional pricing benchmark for refined petroleum ...

Cleanup crews were trying on Saturday to contain petroleum that leaked from a tanker truck that crashed and flipped upside ...

The new tax law has imposed a 5 percent surcharge on chargeable fossil fuel products. A surcharge is an additional charge, ...

The nation’s largest oil refiner added racial hiring goals to its bonus compensation formula while eliminating a safety ...

Nepal imported petroleum products worth Rs 19.94 billion through the eastern border point of Kakarbhitta during the last Fiscal Year (FY) 2024/25.According to the Mechi Customs Office, the imports ...

The markets, however, are overlooking the oil giant's cash flows and moves to repay debt.

Shares of Marathon Petroleum Corp. MPC shed 3.51% to $171.31 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.07% to ...

The firm’s chief executive said the field in the Baltic Sea might eventually produce up to 40,000 barrels of oil a day, ...

The broader trend suggests that other market forces (such as supply shocks, demand growth, and geopolitical risk) likely play ...

Canadian factory sales fell by 0.9% in May from April on lower sales of petroleum and coal as several refineries were shut ...