Venezuela-owned U.S. refiner Citgo Petroleum registered net income of $100 million in the second quarter versus a $25 million ...

Venezuela-owned U.S. refiner Citgo Petroleum registered net income of $100 million in the second quarter versus a $25 million ...

As Nigeria’s midstream and downstream oil sectors evolve, stakeholders are divided over competition concerns, warning that ...

This move comes amid a complex auction process designed to settle debts owed by Venezuela and its state oil company PDVSA to 15 creditors.

Occidental Petroleum is focused on growing, with the help of Warren Buffett, as it looks to compete with the industry's ...

The NYMEX September West Texas Intermediate oil contract was 89cts lower at $62.28/bbl and October WTI was down by about the same to $61.59/bbl at about 11:30 a.m. ET. The October Brent crude contract ...

Phoenix Petroleum Philippines Inc. said Wednesday it is close to finalizing a debt restructuring program to improve its ...

Bharat Petroleum Corporation Limited (BPCL) reported a sharp rise in earnings for the April–June 2025 quarter, with consolidated net profit jumping 141% year-on-year to ?6,839 crore (about $820 millio ...

Energy Information Administration or EIA stated in a latest monthly update that India's Petroleum and Other Liquid Fuels ...

Hindustan Petroleum Corporation, a major Indian oil and gas company, has reported a massive net profit of Rs 4,370.87 crore, ...

MoPNG addresses concerns on ethanol-petrol blend, highlighting benefits for farmers, vehicles, and environment, refuting ...

Mari Petroleum reported a 16% decline in FY25 earnings to Rs65.1b, citing higher royalty charges despite record hydrocarbon ...