China's fuel oil imports are expected to drop in early 2025 following a hike in the product's import tax from Jan. 1, ...

Oil prices settled up by more than $1 a barrel on Thursday as investors returned for the first trading day of 2025 with an ...

The Prime Minister’s Office revealed that the Iraqi cabinet approved a $4.5 billion initiative to build the Basra-Haditha oil ...

Geopolitical tensions lift LNG reliance as Europe faces diminishing pipeline gas imports. Oil prices rose 1.4% last week on U ...

East African activists and communities have intensified their opposition to the East African Crude Oil Pipeline (EACOP ... including Sinosure and China Exim Bank, will finance the project.

Iraq relies on oil exports, 90 percent passing via the Strait of Hormuz. Disruptions may devastate its economy, highlighting ...

KAMPALA, UGANDA | Xinhua | The construction of a 1,443-km crude oil pipeline between Uganda and neighboring Tanzania is on ...

Oil prices rose about 2% on Thursday as investors returned for the first trading day of the new year with an optimistic eye ...