Despite a government mandate and parliamentary push, foreign oil suppliers are hesitant to accept Indian rupees (INR) for ...

Parliamentary panel urges India to diversify crude oil sources to mitigate geopolitical risks and enhance energy security.

A parliamentary panel warned that India’s heavy dependence on crude oil imports exposes it to geopolitical risks and supply ...

President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has called for an investigation of the operations ...

The U.S. is weighing its military options in oil-rich Venezuela, influencing elections in other South American petroleum nations, and increasingly trying to control natural resources in the Americas.

Africa’s richest man, Aliko Dangote, has praised the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi (Ojaja II), for his pivotal ...

The Standing Committee of the National Board for Wildlife (NBWL) is considering a proposal to allow state wildlife boards to ...

The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026. Read more at The Business ...

India imports nearly 89 percent of its crude oil. A parliamentary committee highlights this dependence and rising ...

Firms with ties to Cuba are getting a larger share of Venezuelan oil exports, as the island’s security agents boost President Nicolás Maduro’s defenses ...

Axis Capital said ONGC’s earnings are expected to moderate amid a weak crude oil price outlook. It said crude prices were likely to remain under pressure due to rising supply and muted demand.