NNPC Limited and oil marketers imported 1.5 million metric tonnes (mts) of Premium Motor Spirit (PMS) or two billion litres ...

China's natural gas demand is growing rapidly, driven by urban heating, cooking, and industrial use. China is the world’s ...

The European Parliament voted on a resolution Thursday urging the European Union to impose more effective sanctions on the ...

Commerce ministry officials said the ministry has formed a "special taskforce" to monitor and review the market situation and supply chain of essentials at the district level ...

Efforts to increase the refining capacity of ERL began in 2012 as part of a broader strategy to reduce the country's reliance on imported refined fuel. In the 2023-24 fiscal year, BPC imported ...

IEA expects non-OPEC+ countries will increase the oil supply in this year and in the next year by about 1.5 mlb bpd ...

President Joe Biden’s administration has asked the European Union to ensure liquefied natural gas shipments that meet U.S.

Whereas a lot of focus lately has been on India’s surging imports of Russian oil, the country actually buys the lion’s share ...

There are two main reasons for this shift: productivity gains and globalization. As capital and goods began flowing freely ...

Oil Quoted in Dollars Crude oil is quoted in U.S. dollars (USD). Countries that import oil pay for it in the greenback.

The transition to renewable energy remains an important goal, even amid some strong opinions that overlook the evidence of ...

The scale of OPEC+'s China problem is evident in yet another month of weak crude oil arrivals, with the world's biggest importer recording a sixth consecutive decline in October.