The Latest Breaking News from Oil

Energy saving is all the rage in Europe as the continent rushes to wean itself off natural gas and oil from Russia

Hezbollah dampened the positive mood that prevailed during US Envoy for Energy Affairs Amos Hochstein's meeting with Lebanese officials over the demarcation of the marine border with Israel, by criticizing Washington and accusing it of preventing Beirut from extracting its offshore gas and oil. Hochstein had paid a two-day visit…

Rangers who harvest wild sandalwood from one of the most remote corners of Australia are determined to operate sustainably amid calls for a ban to the practice.

National oil and gas conglomerate PTT Plc has decided to sell its Indonesian coal mining business for US$471 million as the firm continues to move towards clean energy.

NEW DELHI: Exports dipped, though marginally, for the first time in 17 months in July, while trade deficit tripled to a record $31 billion fuelled by over 70 per cent rise in crude oil imports.

Energy companies have done themselves few favours by helping investors as they benefit from soaring prices

NEW DELHI: The government on Tuesday evening cut the windfall tax on diesel and ATF in line with softening international petroleum product prices but raised the duty on domestically produced crude oil.

Country is the latest in EU to take steps to reduce dependence on Russian oil and gas

MUMBAI: The rupee rallied 53 paise -- its best single-day gain in over 11 months -- to close at an over one-month high of 78.53 against the US dollar on Tuesday.