Crude oil exports from the Organization of Petroleum Exporting Countries, excluding Angola and Ecuador, are forecast to fall by...

Venezuelan state oil company Petroleos de Venezuela more than tripled its net profit in the first nine months of...

Russian gas deliveries to Poland through Ukraine fell further on Saturday, dropping by 5 million cubic metres a day,...

A multibillion-dollar joint venture by Dow Chemical and a Kuwaiti company fell victim to the financial crisis and the...

On January 1st, 2009 another of the world’s largest Q-Max LNG carriers was delivered to Nakilat and Qatargas Operating...

Crude futures ended the year on a high note, surging over a glimmer of hope that the worst of...

The days may be numbered for Asian refiners and oil traders who have long profited from intermittent arbitrage for...

Top exporter Saudi Arabia is set to cut oil supplies further in the new year, potentially taking output below...

Russia was preparing to turn off gas deliveries to neighbouring Ukraine today, raising the spectre of disruptions to EU...

Iraq’s Oil Minister Hussein Shahristani said today that 10 undeveloped or underdeveloped gas and oil fields will be offered...