
Indiahasraisedimporttaxoncrudeandrefinedpalmoiltothehighestlevelinmorethanadecade,thegovernmentsaidinastatementonThursday,astheworld’sbiggestedibleoilimportertr

VenezuelanPresidentNicolasMaduropromisedonSaturdaytorecover70percentofthecountry’slostoilproductioninthefirsthalfof2018.“Icantellyou,theunprecedentedinjusticesl

OPEChassaiditisworriedthatsurgingshaleproductionintheUnitedStatescouldsetbackoilpriceswhichhavebeenrisingrecently.Crudepricesfellaslowas35USdollarsperbarrelatth

China’sbigplaytochallengedollar-denominatedcrudeoilfutureshasbeenformallyapproved,markinganothermilestoneinBeijing’seffortstotakeamoreprominentroleontheworldsta

Gettingridofmassivesubsidiesforoil,gasandcoalwillnotsignificantlycurbcarbonpollutionorspeedthetransitiontoagreenerglobaleconomy,researcherssaidWednesday,challen

ByAPDwriterMeiXinyuTranslatedbyMaQianSaudioilgiantAramcohasbeenreadyforitsfirstinitialpublicoffering(IPO)inthesecondhalfof2018,butitstillhastowaitforagreenlight

TheVenezuelangovernmentWednesdaypublishedawhitepaperwithrulesgoverningitsnewcryptocurrency,thepetro.SpeakingtoreportersattheheadquartersoftheCentralBankofVenezu

China'smaritimeauthorityhasdetectedseveraloilslicksintheEastChinaSea,closetothelocationwhereanIraniantankersankoneweekago.TheStateOceanicAdministration(SOA)said

Iraqsignedamemorandumofunderstanding(MoU)withBritishenergygiantBPThursdaytodevelopthecrudeoilproductioninIraq'snorthernKirkukoilfields.Iraq'sOilMinisterJabbaral

WhenOiltankertheSanchiandCFCrystalvesselscollidedontheEastChinaSea,ittriggeredanotherenvironmentaldisasteratsea.ThecollisionoftheIranianoiltankerandtheChineseca

ChineserescuerssaidthesunkenSanchitankerwaslocatedbyTuesdaymorning,andtheyarestillsendingrobotstoapproachthevesselforfurtherassessment.Sincethecollision,Chinese

U.S.PresidentDonaldTrump'smoveforthelargestexpansionofoffshoreoilandgasdrillinginU.S.continentalwatersindecadesismetwithresistancebycoastalstatesofficialsandami

ChineseshipsscrambledMondaytocleanupamassiveoilspillafteranIraniantankersankoffChina,raisingfearsofdevastatingdamagetomarinelife.TheSanchi,carrying136,000tonnes

TheflamesonthePanama-registeredoiltankeroffthecoastofShanghaiwereextinguishedonMondayandcleaningworkhasstarted.TheoiltankerSanchicollidedwithCFCrystal,aHongKong

TwomorebodiesofcrewmembersfromtheoiltankerSanchiwerefoundonSaturday,accordingtotheShanghaiMaritimeSearchandRescueCenter.Thebodieswerefoundonadeckforlifeboatsata

SixdaysafterafirebrokeoutonanIranianoiltankeroffthecoastofChina,firefightersarestillstrugglingtoextinguishtheblaze,ascriticismmountedinTehranoverwhetherenoughwa

London'sbenchmarkFTSE100indexreachedafreshhighWednesday,butEurope'smainindiceswerelacklustreoverallfollowingrecentrallies.Elsewhere,arallyacrossAsiathatwelcomed