The crude and petroleum product import bill fell 36% YoY in March to $12.18 billion, down from $19 billion a year earlier.

Indian oil companies are tapping commercial crude stocks as Strait of Hormuz disruptions tighten global supply due to West ...

Iran is continuing to load its large oil tankers despite the ongoing US naval blockade, signaling that Tehran is likely ...

The Strait of Hormuz is not the only source for global oil and gas supplies, and Sri Lanka must urgently explore alternative procurement routes in the face of ongoing tensions in West Asia, an ...

Chef Adam Pawlak was born and raised in Milwaukee, Wisconsin. Growing up in an Italian family jump-started his love of food and cooking from a very young age. His specialty is high-end Italian cuisine ...

DTEK Oil & Gas is looking to tap a fund launched as part of the mineral resources deal between the US and Ukraine for ...

The 32-member IEA agreed last month to release 400 million barrels of oil from reserves, the largest-ever coordinated release, in a bid to calm oil markets. The U.S., the world's largest oil and gas ...

Shell’s acquisition of ARC Resources is a “win-win” deal that rescues the energy giant from running out of supply, while also ...

WASHINGTON, April 13 (Reuters) - The ‌head of the International Energy Agency, Fatih Birol, said on Monday he hopes another oil stockpile release is not needed, but added the agency was ready to act ...

India likely to continue Russian crude purchases via non-sanctioned routes despite US decision not to renew sanctions waivers ...

These commercial volumes are separate from the country’s strategic petroleum reserve, which remains untouched. Read more at straitstimes.com. Read more at straitstimes.com.

Hungary’s outgoing government signaled it’s ready to unblock the European Union’s €90 billion ($106 billion) loan to Ukraine ...