The U.S. Department of Energy has approved an emergency release from the Strategic Petroleum Reserve to ExxonMobil, aiming to ease “logistical challenges” affecting crude oil deliveries to its Baton ...

India experienced an 18.4% increase in petroleum product imports in June 2025, even as the total oil and gas import bill decreased to $10 billion. The article delves into the details of crude oil ...

In 1940, as the threat of German invasion loomed large, Britain faced a dire shortage of conventional defenses and was forced ...

In September 2008, after hurricanes Gustav and Ike decimated Gulf communities, the DOE authorized an SPR exchange of nearly 5 ...

Petroleum Development Oman has reported its highest revenues in 20 years, thanks to oil and gas discoveries in 2024. State-run PDO, which is the biggest hydrocarbons explorer and producer in Oman, ...

The price of U.S. crude oil — liquid petroleum that is extracted and refined to create products such as gasoline, diesel fuel and heating oil — dropped after members of OPEC+, including Saudi ...

The Department of Energy (DOE) on Friday confirmed a potential oil price rollback of more than P1 per liter next week, ...

Indonesia is leveraging a potential $10 billion oil and fuel import deal to pressure the U.S. into lowering steep tariffs on ...

The state-owned supplier plans to end subsidies for commercial users and offer targeted relief to households through a new ...

India's crude oil production has decreased to 28.7 MMT in FY25, maintaining a self-sufficiency of 12.3%. LNG imports ...

Aegis Logistics stated during a board meeting on June 19, 2025, that it has recommended a final dividend of 600%, or Rs.

The Indian government plans to subsidize state-run oil companies with Rs 30,000-35,000 crore due to the losses from selling ...