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