In a strategic move to consolidate and streamline state-owned energy enterprises, the government has announced the formation ...

Petroleum futures were modestly higher at midday Monday despite stepped-up U.S. military strikes against Houthi rebels and a new round of Ukrainian drone attacks on Russian refineries.

Can Nigeria become a competitive producer and supplier of petroleum products for both domestic and international markets? This question has become increasingly urgent as the country grapples with ...

A renewed plan by the Indonesian government to turn coal into gas or liquid fuel forms has received mounting backlash from ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

The Nagaland Assembly highlighted the necessity of tapping into local petroleum and natural gas resources to stimulate economic growth and job creation. The discussion emphasized reducing the state's ...

Indian state refiner Bharat Petroleum Corp plans a four month tender next week to buy U.S. West Texas Intermediate crude. The tender seeks one million barrels of WTI per month from May or June. Last ...

(AP Photo/Richard Drew), Federal Reserve Chair Jerome Powell, left, talks with Anil Kashyap, Professor of Economics and Finance at the University of Chicago’s Booth School of Business,, before his ...

On the other, it provides a “a snapshot of a prior age, before the shift in federal government policies undermined confidence,” Samuel Tombs, chief US economist at Pantheon Macroeconomics ...

The Nigerian National Petroleum Company Limited has taken a ... domestic gas utilisation for the nation’s industrial and economic growth. The statement read, “Under the terms of the agreement ...