A port official said he was told the North Sea collision produced "a massive fireball" and the cargo ship's owner said one ...

Oil markets have kicked off the new week on the back foot with the oil price selloff deepening amid a raft of bearish ...

Investors love dividend stocks, especially the ultra-high-yield variety because they offer a significant income stream and ...

China's imports of Russian Far East crude and Iranian oil are set to rebound in March as non-sanctioned tankers, drawn by ...

Sweden’s Stena Bulk and Nigerian National Petroleum Corporation (NNPC) Shipping have revealed a new joint venture they say will transform the regional tanker and LNG carrier market.

From massive fraud to financial mismanagement, these are 10 corruption cases that have inflicted major losses on Indonesia's ...

Riva Siahaan adds to the list of troubled Pertamina directors in legal cases, especially corruption. Who are they?

U.S. crude oil inventories increased by more than expected last week in a fourth consecutive build, while product stocks declined, according to data released Thursday by the U.S. Energy ...

0910 GMT – Oil prices retreat in early trade following reports of a large U.S. crude stockpiles build. Brent crude is down 1% to $76.24 a barrel, while WTI falls 1.1% to $72.50 a barrel.

The country currently buys a significant amount of oil and gas from the US. (Reuters) India’s crude import bill rose by 2.7% during the first ten months of FY25, reaching $113.9 billion compared ...