China has identified newly proven oil equivalent reserves of 55.56 million tons in the Tarim Basin, located in the Xinjiang ...

OTTAWA — Statistics Canada says manufacturing sales rose 0.8 per cent to $71.5 billion in November, helped by higher sales in ...

Iraq and British oil giant BP are set to finalize a major agreement involving four oil and gas fields in the northern city of Kirkuk in early February, ...

Indonesia points way Oluwatayo Aduloju, chief executive officer at Nigerian Economic Summit Group (NESG) has expressed regret that Nigeria, ...

Sentiment has been boosted Wednesday after data showed the headline consumer price index increased by 0.4% month-on-month in December, slightly faster than a pace of 0.3% in the prior month. Compared ...

Taxes now account for 45.8 percent or Sh80.91 in the price of a litre of petrol and 41.14 percent (Sh69.2) per litre of ...

Occidental Petroleum just rewarded shareholders with a quarterly dividend. This Buffett favorite had hiked its payout ...

December 2024 reached USD 602.64 billion, a 6.03% increase from the previous year. Merchandise and services sectors showed ...

Oil futures were up modestly Wednesday, finding support after snapping a three-day winning streak that had been driven in ...

New and more expansive US sanctions against Russia are likely to significantly disrupt oil supplies, the International Energy ...

The scene in rural Allen Parish this week was a familiar one as big companies look for large tracts over the state's prime ...

Overall, oil exports from Russia decreased by 125,000 bpd last year, while exports of petroleum products lost 225,000 bpd, according to the agency ...