If paired with sanctions relief, the changes could mark a true reopening of Venezuela’s oil sector, shifting policy from ...

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 ...

State-run oil refiner Hindustan Petroleum Corporation Ltd (HPCL) is considering buying crude oil from Venezuela for the first ...

By Pietro Lombardi, Shariq Khan, Ahmad Ghaddar and Robert Harvey Jan 22 (Reuters) - Trading house Trafigura has sold its ...

Despite geopolitical upheaval, sanctions, and military action, this South American state's proven oil reserves remain ...

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

By Georgina McCartney and Arathy Somasekhar HOUSTON, Jan 21 (Reuters) - Valero has bought a cargo of Venezuelan crude oil, ...

RMAFC has commenced a comprehensive exercise to settle long-standing disputes over the ownership of newly producing and ...

Venezuela provided Cuba last year with about 70,000 barrels per day of crude oil and refined products worth as much as $1.3 ...

The Federal Government has begun a major process to settle long-standing questions over which states own newly producing and disputed oil and gas wells. This is a step that will determine how the ...