Oil prices are rising again, but key global events could change the outlook. Understand the real signals behind the latest ...

(read more) The commodity of crude oil is by far the world’s most important energy source and the price of oil therefore plays an important role in industrial and economic development.

In the aftermath of the Deepwater Horizon disaster 15 years ago and the simultaneous shale oil boom, the oil and gas industry ...

(read more) The commodity of crude oil is by far the world’s most important energy source and the price of oil therefore plays an important role in industrial and economic development.

Scientists discover massive deposits of this valuable resource sitting beneath the feet of millions of Americans.

(TPAO). Modern Diplomacy said the finding, made during a three-year survey, compiled data that suggests it is the fourth biggest oil and gas reservoir in the world. Venezuela, Saudi Arabia and ...

Low import bills are very good news for India, the world’s third-largest crude oil importer, which depends on imports for more than 88% of its oil consumption. India’s crude import dependence ...

More than 70 civil society organisations from Uganda, Tanzania, the DR of Congo, and beyond have published an open letter ...