Oil

U.S. independent refiner Marathon Petroleum Corp reported a huge jump in quarterly profit recently, helped by a US$1.5 [...]

Royal Dutch Shell has announced that it will sell its stake in the Bongkot gas field and adjoining acreage offshore Thailand [...]

Suncor Energy Inc announced recently that it is slashing 400 jobs as it rolls out a fleet of self-driving trucks at its [...]

BP predicts gas to overtake oil as the world’s primary energy source in around 2040 its vice president for strategic [...]

Indian Oil Corp Ltd plans to increase the capacity of its Panipat refinery by two thirds to 500,000 barrels per day (bpd) at [...]

Australia-based Prostar Capital has bought a storage terminal in the key Fujairah oil hub in the United Arab Emirates, said [...]

France does not practise any discrimination measures against palm oil, in fact, the European country is ready to explore the [...]

Venezuela has assumed the rotating presidency of the Organization of Petroleum Exporting Countries (OPEC), Venezuelan Oil [...]

Malaysia’s Sarawak state government will subsidise oil palm smallholders in diversifying into other crops to mitigate the [...]

Libya’s National Oil Corporation, NOC, announced recently that the eastern As-Sarah oil fields has reopened. Previously, [...]

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