India’s largest state-owned refiner, Indian Oil Corporation (IOC), saw its net profit surge four times for the quarter ended December…
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Kuwait targets to raise its oil production capacity to 4 million barrels per day (bpd) by 2035 from just over…
Solid cash flow allowed Shell (NYSE: SHEL) to keep the pace of its quarterly share buybacks and raise dividend despite…
Russia has been supplying crude oil to Cuba repeatedly over the past few years and supplies will continue, the Russian…
The government of Mark Carney will remove a 2035 internal combustion engine car ban and instead boost incentives for electric…
Russia sees no danger for its oil exports from the trade deal that the U.S. president sealed with his Indian…
Oil prices fell on Tuesday even as a massive winter storm hit crude production and affected refineries on the U.S.…
Houston, Texas-based refiner Phillips 66 (NYSE:PSX) has exceeded Wall Street estimates for the fourth quarter as U.S. refining margins posted…
The European Union’s biggest economies – Germany, France, and Italy – will lead the bloc’s efforts to build stockpiles of…