Brazil’s energy ministry has proposed measures to raise around 35 billion reais ($6.2 billion) from the oil industry over the next two years to help the government meet its fiscal targets. On Monday, ...

Foroud Asgari, who also serves as deputy economy minister, said the volume of exports rose by 4.4 percent year-on-year, although the total value saw a marginal decline of 0.11 percent. The average ...

Western nations purchased $2 billion worth of Russian oil indirectly through Turkey, signaling glaring loopholes in the current sanctions' regime. A new report found crude oil arrived at Turkish ...

A swanky New York City hotel billed rapper Sean “Diddy” Combs extra after a visit because of a “destroyed and stained” couch and sheets, a former employee said Tuesday. “It was like they had a party.

During the period January to June 2024, the Guyana Government received US$1,220.6 million as revenue from its share of profit oil from thirteen of the fifteen lifts that occurred in the first six ...

Ovintiv (NYSE:OVV) is considering a possible sale of its operations in the Uinta Basin, which could fetch as much as $2B, and is working with an advisor to gauge buyer interest in the asset, Bloomberg ...

Vegetable oil supplier Ares Merchants Philippines Inc. (AMPI) is aiming to export around $2.768 billion worth of coconut oil from 2025 to 2035 with the goal of strengthening the country's coconut ...

The Nigerian National Petroleum Company (NNPC) Limited yesterday reacted to a report on its plans to secure a fresh $2 billion oil-backed prepayment loan amid fuel scarcity in the country. Reuters had ...

The contracts were signed with Iranian contractors on Sunday at the ministry’s building in the capital Tehran. The projects developed under the four deals will generate $17 billion in revenues for the ...

It’s no surprise that the oil and gas industry is providing billions of dollars for the state of New Mexico and will likely keep doing so in coming years. A new presentation from the Legislative ...