Oil

Iran is now ready to raise its oil output to 4 million barrels per day (bpd) in the coming two to three months depending on [...]

Saudi Arabia, a top oil exporter, is projected to raise crude oil prices it will be selling to Asia in October, tracking the [...]

Oil companies have been forced to cut their exploration budgets in the last two years because of the sharp decline in crude [...]

A US$1-billion deal to build five offshore drilling rigs for oil and gas exploration in the Persian Gulf has been signed [...]

New mathematical models and software that will enable Russian shale oil producers to save on costs have been developed by [...]

Scientists have discovered that certain varieties of aquatic floating weeds, which are often regarded as a nuisance, could [...]

Global production of crude oil is falling behind demand, according to the International Energy Agency (IEA), a Paris agency [...]

Singapore’s refinery margins, the Asian benchmark, crashed to US$2.94 per barrel this week. It dropped more than 70% since [...]