News

Marathon Petroleum's El Paso refinery suffered a power outage Tuesday that led to five hours of flaring, the company reported in a filing with Texas regulators. It was one of two reports of refinery ...
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Kuwait Petroleum Corp. (KPC) is optimistic about continued global oil demand beyond the summer, citing robust interest from ...
Union minister of petroleum and natural gas Hardeep Singh Puri urged industry leaders, experts, and citizens to share their ...
The revised Model Revenue Sharing Contract (MRSC) reflects the new operational and fiscal realities of the sector.
Donald Trump plans to open 82% of the United States' largest tract of public land in the pursuit of fossil fuels.
The House of Representatives Ad-hoc Committee investigating the implementation and remittance of the five per cent user charge on the pump price of petroleum products for road maintenance on Tuesday ...
The Trump administration on Monday wound down a license allowing shipments of liquefied petroleum gas (LPG) to Venezuela's ...
The Ministry of Petroleum and Natural Gas has released draft rules aimed at enhancing business efficiency for exploration and production operators. Key reforms include investor-friendly clauses, ...
The Petroleum and Natural Gas Regulatory Board (PNGRB) is planning to facilitate the creation of an exchange for trading ...
The American Petroleum Institute reportedly shows a surprise build of 7.1M barrels of oil in U.S. commercial stockpiles for the week ending July 4.
The country has hit its lowest levels of Strategic Petroleum Reserves since the 1980s, with a little under 350,000 barrels.