Answering questions, Rosen Zhelyazkov stressed that the Bulgarian government cannot interfere with the plans for the sale of the refinery and the mechanisms for its purchase and sale, but can ban the ...

The US has sent to Ukraine, the missile defense systems which were earlier stationed in Israel. Scroll down for more.

The U.S. has become reliant on their crude, and Canada has ways to limit any financial hit.

Shell has increased its dividend to shareholders despite profits falling last year, after the energy giant was hit by weaker ...

“Heavy oil cannot easily be substituted with the light oil that makes up most of U.S. shale oil production; such a switch ...

Shell and BP have been trying to close valuation gaps towards similar levels that the major US-based oil players enjoy, which would come around from a bump-up in share prices. Several companies have ...

Supply disruptions and colder weather forecasts in Europe worsened the supply threats in an already tight gas market ...

The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its ...

Nigeria’s petrol imports have fallen to 110,000 bpd, the lowest since 2017, as Dangote refinery ramps up production.

(Reuters) -Shell reported a smaller fourth-quarter profit on Thursday, as the oil major took a hit from lower refining margins and lower liquefied natural gas (LNG) trading, and said it would buy back ...

An overnight Ukrainian drone attack hit Russia’s Andreapol oil pumping station, part of the oil export route via the Baltic Sea port of Ust-Luga, causing a fire and oil products to leak, said a source ...

Addressing concerns over market sell-offs and FII outflows, Majethia remains optimistic about India’s macroeconomic outlook ...