Reliance Industries has halted importing Russian crude oil for its export-only refinery from November 20. Exports from the ...

Oil prices steady as crude oil futures rebound on a strong U.S. inventory draw while traders assess supply risks, slowing demand, and geopolitical uncertainty.

The US government jolted energy markets when it announced sanctions on Russia’s two biggest crude oil producers on Oct. 22.

The Dispatch reports on the Strategic Petroleum Reserve's dwindling levels and the need for clearer vision and utilization to ...

The oil will be delivered to the Bryan Mound Strategic Petroleum Reserve site near Freeport, Texas, in December and January, the Energy Department said in a statement.

RIL shares are in focus after the company halted Russian crude at its Jamnagar SEZ refinery ahead of EU sanctions. The ...

South Sudan has resumed transporting and exporting crude oil after drone attacks on two key oil installations in neighboring Sudan forced an emergency shutdown, a senior official said ...

Russia's Novorossiysk port resumed oil loadings on Sunday after a two-day suspension triggered by a Ukrainian missile and ...

Global oil inventories continue to rise as WTI remains stuck in a lower trading range, with seasonal demand still weeks away.

Libya is preparing to open bids in its first exploration round in more than 17 years, aiming to lift production despite ...

The block was acquired in Brazil’s 5th Production Sharing Round in 2018, with Pré-Sal Petróleo S.A. (PPSA) overseeing contract management. Petrobras holds a full 100% operating stake, giving it ...