Business / Energy

PRESTON NEW ROAD, England:  When Susan and Chris Holliday moved to a rural strip of land in northern England for their retirement, they...

NEW DELHI: India's Reliance Industries , operator of the world's largest oil refining complex, on Friday said in a statement it was not...

BOGOTA, Colombia: When the Trump administration paved the way for Venezuelan opposition leader Juan Guaido to name a new board to run the...

NEW DELHI: Oman's oil ministry on Wednesday denied being part of a $3.85 billion plan to build an oil refinery in Sri Lanka,...

BAKU: Azerbaijan, the third-biggest former Soviet oil producer, wants to see stability in oil prices before deciding whether to support any extension of...

NEW DELHI:  India has asked one buyer of Venezuelan oil to consider paying the South American nation's national oil company PDVSA in a...

CARACAS:  Venezuela's opposition-controlled congress named new temporary boards of directors to state-oil firm PDVSA on Wednesday, in an effort to wrest the OPEC...

MARJ:  East Libyan military forces are in talks with protesting state guards to take over the nation's largest oilfield El Sharara peacefully and...

Europe’s drivers are ditching diesel cars in favor of gasoline. The oil market is handing them something of a lucky break as they...

Oil prices moved higher as analysts predicted the mounting political crisis in Venezuela could take a chunk out of global crude flows. Futures...

Frankfurt am Main: The US ambassador to Germany has warned of sanctions against firms linked to the Nord Stream 2 gas pipeline from...

Accra - Norway's Aker Energy on Thursday said it had discovered oil in commercial quantities off Ghana, which the government welcomed as a...

WASHINGTON:  China-based Yantai Jereh Oilfield Services Group Co Ltd has agreed to pay more than $2.7 million to settle allegations it did business...

Rio de Janeiro:  Thieves who broke into a pipeline near Rio de Janeiro to steal oil caused a four-kilometer (2.5-mile) spill of crude...

NEW DELHI: India will import crude oil from Iran using a rupee-based payment mechanism, an industry source involved in discussions told Reuters on...

SOFIA:  Bulgaria will go ahead with plans to spend 1.4 billion euros ($1.59 billion) to build a new gas link to transport Russian...

Tokyo: Oil prices rose on Wednesday ahead of an OPEC meeting next week at which the producer club is expected to decide some...

CARACAS, Venezuela:  Venezuela will hold onto its U.S.-based Citgo refineries, settling a long-standing dispute that threw ownership of the crisis-wracked country's prized assets...