US move on Venezuela oil increases pressure on Brazil, Petrobras

Indications that the United States could push for a revival of oil production in Venezuela, in line with plans...

After US sanctions, Russia’s Lukoil to sell overseas assets

"The company announces its intention to sell its international assets. The consideration of bids from potential...

Hardeep Puri met Nigerian junior petroleum minister at Davos

Nigeria is a major hydrocarbons producer in Africa and its production is the mainstay of the country's economy. Oil...

Global Energy Giants eye "deepwater India" opportunities

"India's vast energy market holds many attractions. Not just scale and growth, but also a compelling...

CCI approves oil major Shell's acquisition of Solenergi Power

New Delhi [India], July 12 (ANI): The Competition Commission of India (CCI) has approved the acquisition of...

Chinese state-owned oil company cancels investments in Russia

Beijing [China], March 29 (ANI): Chinese state-owned oil major Sinopec has hit the brakes on its investment plans in...

Jaishankar visits Sri Lanka IOC

Colombo [Sri Lanka], March 28 (ANI): External Affairs Minister Dr S Jaishankar on Monday visited Sri Lanka IOC,...

RIL posts consolidated net profit of Rs 53,739 crore, up 34.8...

Mumbai (Maharashtra) [India], April 30 (ANI): Oil major Reliance Industries (RIL) has reported consolidated net...

New York Stock Exchange to delist major Chinese oil company...

New York [US], March 3 (ANI): The New York Stock Exchange (NYSE) will move to delist CNOOC Ltd., the Chinese oil...

Downward diplomatic spiral and the impending implosion of...

Glasgow [UK], Aug 20 (ANI): Unable to arrange a face-to-face meeting with Crown Prince Muhammad Bin Suleiman of...