The Treasury Department has imposed sanctions on a Chinese oil refinery that's accused of purchasing more than $1 billion ...

The Organization of the Petroleum Exporting Countries (OPEC) has received updated oil output compensation plans from eight ...

Iraq plans to cut oil exports this month as it faces growing pressure to adhere to its OPEC+ production target, according to ...

All the latest breaking news on Islamic State of Iraq and the Levant (ISIL). Browse ibtimes archives of photos, videos and articles on Islamic State of Iraq and the Levant (ISIL).

Officers of the  Forward Operating Base (FOB) of the Nigeria Navy, have  has dismantled eight illegal oil bunkering sites in Ondo state.

Iraq, OPEC’s second-largest producer, plans to cut its oil-price assumption in the federal budget after the market plunged.

The Trump administration imposed sanctions on Iranian oil trading networks on Thursday, including on a China-based crude oil ...

(Image/Reuters) Russian shipments of crude oil to India ... export availability following domestic (Russia) refinery outages. In contrast, Iraq and Saudi Arabia lost share in March as Indian ...

The project aligns with the government's goal of converting 40% of exported crude into refined products by 2030, reducing Iraq's dependence on raw oil exports. The Cabinet's approval for the refinery ...

The government of Uganda has entered an agreement with Alpha MBM Investments to advance development and construction of the country’s long-planned but delayed first crude oil refinery at Kabaale ...

Elon Musk’s latest diatribe about the war in Ukraine, during which he lambasted unspecified “virtue-signallers” and blamed them for ongoing conflict, is a classic example of “appeasement ...