The Latest Breaking News from Oil

The Biden administration is easing some oil sanctions on Venezuela in an effort to support newly restarted negotiations between the Venezuelan government and its opposition

World Cup host Qatar sits in a region that is warming faster than anywhere else on earth besides the Arctic

Saudi Arabia and Iraq have agreed to complete work on a number of important joint projects in the fields of gas, petrochemicals, electricity and renewable energy, and to intensify communication between them to discuss more joint opportunities. This came during a meeting on Thursday between Saudi Energy Minister Prince Abdulaziz…

Three authentic chutneys that will enliven any festive table

As the Russia-Ukraine war enters its 276th day, we take a look at the main developments.

The petrostate pitched a plan to cut carbon at COP27. And it’s covered in oil.

The National Energy Policy Council (NEPC) has resolved to ask national oil and gas conglomerate PTT Plc to allocate 6 billion baht to help the government cap the increasing power tariff, part of efforts to slow the surge in electricity bills.

Hungarian Foreign Minister Peter Szijjarto doesn't rule out vetoing a ninth package of sanctions against Russia over its war on Ukraine – a package that is currently being prepared by the EU, along with a proposed price cap on Russian oil. "We want peace, not another [sanctions] package," he says.…

McLaren's partnership with the iconic Gulf Oil brand is to end this year, with their sponsorship contract not being extended into 2023.

ACCRA: Ghana has ordered all large mining companies to sell 20% of their stocks of refined gold to the country’s central bank starting from Jan 1.

The Saudi General Authority for Statistics (GASTAT) revealed on Thursday that Saudi non-oil exports grew during the third quarter of 2022 by 13%, while they jumped by more than 30% in September. The value of oil exports, last September, amounted to about 100 billion riyals ($26.6 billion), compared to 70…