Oil

Crude prices posted 46% annual loss in 2014; the biggest yearly fall since 2008. Such was the ferocity of the crash that [...]

Engineering giant Weir Group is to implement further cost-cutting measures, including job losses, after a sharp fall in [...]

The government on Wednesday approved a clear policy for testing oil and gas flows to determine commercial viability of [...]

NEW DELHI – State-owned Oil and Natural Gas Corp (ONGC) on Wednesday said it has made another significant oil and gas [...]

HOUSTON – Crude oil price swings in recent months, combined with a devalued euro, have created a volatile, but [...]

The former chairman of Shell UK has argued the entire oil and gas industry needs to “strengthen its voice” in its [...]

Heavy fuel oil spilled from a ship bunkering at the Port of Tauranga has washed up along the shores of the city’s [...]

NEW YORK – Oil prices remained under pressure on Tuesday, with Brent settling lower and U.S. crude near flat, as [...]

Large oil companies have closed down dozens of refineries in the past few years due to overcapacity. BP and Total reported [...]

Canadian intermediate producer TORC Oil & Gas Ltd is buying light oil assets from Surge Energy Inc in the Canadian [...]