British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as ...

Although Suriname is one of the smallest countries in the Western Hemisphere, it is gaining importance as it heads in the same direction as neighboring Guyana in becoming one of the world’s newest oil ...

Expansion of Adnoc’s Lower Zakum and Upper Zakum oilfields is crucial to its plans to boost emirate’s oil production capacity ...

The E&P chief of U.K.’s Ineos says its oily Eagle Ford Shale acquisition in 2023 has been a profitable platform entry for its ...

Chinese stocks have been a money pit for the past few years. But for investors willing to look past the wreckage, some ...

Sinopec maintains a stable and liquid balance sheet in order to retain flexibility. The firm's adjusted EBITDA covered its interest expense by 11 times in 2023, with net gearing ratio of 0.12 times as ...

President Irfaan Ali says his administration intends to use the oil sector as a mechanism for trade negotiations and he identified ExxonMobil and its co-venturers in the creation of a ...

Find insight on Cnooc, Ampol and Santos and more in the latest Market Talks covering energy and utilities.

China Petroleum & Chemical Corp, or Sinopec Corp , said on Friday it processed 2.03% less crude oil in 2024 versus 2023 and ...

Crude oil output reached 213 million tons last year, nearing historic peaks, while natural gas production rose to 246.4 ...