Soaring energy prices have brought massive profits to oil majors—along with fierce criticism from environmentalists and politicians at a time when consumers are left...
Sri Lanka was handed temporary relief from energy shortages and rolling blackouts on Wednesday with a $500 million loan from India to finance urgent...
"Obviously, the world economy cannot completely shift out of fossil fuels overnight."
When they made their discoveries of vast deposits of petroleum in southwestern United...
Oil firms on Monday said they will implement another round of price hikes on their pump prices starting Tuesday morning.
In separate advisories, Petron, Flying...
By Joseph Sotinel
OPEC and its allies decided on Tuesday to maintain their policy of modestly boosting oil output next month as the rapidly spreading...
LONDON, United Kingdom—Major oil-producing countries are expected to maintain on Tuesday their course of modestly boosting output as the rapidly spreading Omicron variant has...
