Oil stocks dived on Thursday after a double blow of President Trump’s tariffs and an unexpected output hike by OPEC+ dampened ...

Oil futures tanked more than 7% on Thursday morning as Trump's tariffs sent financial markets reeling and new global supply ...

Under the Administered Pricing Mechanism (APM), natural gas price has increased to $6.75 per million British thermal units, ...

The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to ...

IFLScience needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time.

A ₹23,250 per tonne ($40 per barrel) windfall profit tax on domestic crude production was also levied. The tax rates were reviewed every fortnight based on average oil prices in the previous two ...

Jamshedpur: Private steel major Tata Steel has replaced the use of furnace oil with Piped Natural Gas (PNG) at its Ferro Alloys Plant (FAP) in Jajpur district of Odisha, a company statement said here ...

The same agency, however, reported that global visible inventories fell by about 14 million barrels between end-February and end-December 2024, suggesting a deficit of around 0.24mbpd in ...

Distillate fuel inventories decreased by 2.8 million barrels last week and were about 6 per cent below the five-year average for this time of year. However, the US commercial crude oil inventories ...

In Ecopetrol’s 2018 Integrated Sustainable Management Report, the company mentions “over five years with zero [oil] barrels spilled and zero incidents affecting people and the environment ...

Fresh oil field output is expected to total about 2.9 million barrels a day in 2025, up from about 800,000 barrels last year, according to data from Raymond James. That’s the most in data stretching ...

Quito (AFP) – Ecuador battled a spreading oil slick Tuesday that has reached several rivers after a spill left thousands without drinking water and triggered the declaration of an environmental ...