Vagit Alekperov, the head of Russia's No.2 oil producer Lukoil, told Russian Prime Minister Dmitry Medvedev on Monday the Filanovsky offshore oilfield in the Caspian Sea will be ready for production in August, Interfax news agency reported.
Reporting by Jack Stubbs
Oil prices edged up about 1% to a two-week high on Friday as the intensifying war in Ukraine this week boosted the market's…
The Kremlin said on Friday that the new U.S. Sanctions on Russia's Gazprombank are an attempt by Washington, to hinder the Russian gas export.
Japan's Industry Minister Yojimuto announced on Friday that it will take every measure to ensure a steady supply of liquefied…
Malaysian palm futures fell on Friday, and are headed for another week of losses. Weak soybean prices and looming concerns…
Greece signed a deal with the European Commission and the European Investment Bank (EIB) on Thursday to set up a fund that…
The U.S. judge overseeing an auction of shares in a Citgo Petroleum parent to pay Venezuela-linked creditors on Wednesday…
Malaysian palm futures dropped more than 2% Wednesday due to a weaker Chicago soyoil price and sluggish demand for exports.
Australia and India will work together to increase investment in renewable energies, such as solar manufacturing, batteries, and mineral processing.
Industry sources say that the return to service for BP Whiting Indiana refinery is delayed. BP began the planned turnaround…
Sunshine Oilsands has been ordered by a Canadian regulator to suspend all operations in the oil sands area of northern Alberta…
TC Energy announced on Tuesday that it expects its core profit in 2025 to be between C$10.7 and C$10.9 Billion, higher than…
Companies seeking to claim proceeds from a court auction of shares in a parent of Venezuela-owned Citgo Petroleum are pressing a U.S.
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