Baghdad is in talks with Chevron to take over operatorship, but negotiations are stalled as the U.S. major seeks higher ...

Numaligarh Refinery Ltd (NRL) to complete capacity expansion to 9 million tonnes by year end, processing imported crude oil.

Numaligarh Refinery Ltd will soon process imported crude oil. This follows its capacity expansion to nine million tonnes per ...

Chairman, Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Dr. Mohammed Shehu, said the federal government had ...

A revitalized Venezuelan oil industry could lift production from 800,000 barrels daily back to its peak of 3 million, but the path will be long and costly.

Oil prices are rising amid supply concerns after a severe winter storm disrupted US crude output and exports. Additionally, ...

The United States will allow Venezuela to sell oil that's currently under American sanctions and use the proceeds to pay for ...

A federal judge has refused to block a winter oil and gas exploration project in the National Petroleum Reserve-Alaska that ...