Italy’s Eni and the United Kingdom’s BP have confirmed a fresh 500 million-barrel oil discovery offshore Angola, reinforcing ...

The United States has transferred the proceeds from sales of Venezuelan oil to Caracas, following a deal agreed by the two governments in January. The deal involved Venezuela “turning over” between 30 ...

Russian oil exports to India fell to less than 25% of the country’s total imports in December, from 34% in November, hitting the lowest in 38 months, The Hindu reported, citing data from the Indian ...