SYDNEY] Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18 ...

The greatest risk the oil markets face is that Iran retaliates against Israel airstrikes by closing the Strait of Hormuz, which is critical to global energy shipments. An exchange of strikes on ...

Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, Santos ...

India's Petroleum Minister, Hardeep Singh Puri, anticipates a significant oil discovery in the Andaman Sea, potentially ...

In a bold move to reshape Nigeria’s fuel distribution network, the Dangote Petroleum Refinery will commence the supply of ...

The spare capacity of OPEC and its allies, including Russia, to pump more oil to offset any disruption is roughly equivalent ...

Gross financial liabilities of households surged to 6.2% of GDP in FY24, nearly double the level seen a decade ago, the ...

As widely expected, oil companies announced a big-time pump price hike of almost P2 per liter effective Tuesday, June 17, ...

Brent crude oil futures rose 0.82% to $74.84 a barrel, while US West Texas Intermediate crude futures gained 0.99% to $73.70.

ADNOC, through its investment arm XRG, with Abu Dhabi Development Holding Company (ADQ) and private equity firm Carlyle has ...

Australian motorists will “inevitably” pay more when they fuel up their cars in the coming days, as energy producing stocks soar from the fallout in the Middle East.

Crude prices have jumped by around 12% in the past week, amid the Israel-Iran conflict and heightened fears of a broader ...