Egyptian President Abdel Fattah al-Sisi said on Wednesday that the state needs $20 billion annually to secure petroleum ...

India's Bharat Petroleum Corp (BPCL) plans to invest $121 million to develop the Nunukan oil and gas block in Indonesia, the ...

The American Petroleum Institute reportedly shows a surprise build of 1M barrels of oil in U.S. commercial stockpiles for the ...

The American Petroleum Institute reported an unexpected increase in U.S. crude oil inventories, causing a dip in crude oil ...

U.S. crude oil stockpiles were expected to have fallen last week while gasoline and distillate inventories likely rose, an ...

Crude oil prices rise in early 2025 amid geopolitical tensions and OPEC+ cuts. See why BNO ETF, tracking Brent crude, could ...

Houston-based startup Panthers Petroleum acquired 23 gas stations with convenience stores in 2024 and plans to grow to over ...

The oil market has shifted from concerns of a surplus to fears of a deficit due to factors such as sanctions and increased ...

Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and ...

Petroleum Alliance of Oklahoma President Brook Simmons thinks the energy industry has transitioned from four years of stiff ...

The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.

Late last year, former President Joe Biden announced a final rule for oil and gas companies to pay a federal tax fee if they ...