Simply sign up to the Oil & Gas industry myFT Digest -- delivered directly to your inbox. Big Oil executives are under pressure to spell out their plans for future growth after years of cost-cutting ...

As Western pressure tightens on traditional buyers of Russian crude, analysts say Indonesia’s status as a fast-growing net oil importer with limited fiscal headroom could position it as a potential ...

OMC stocks: Shares of oil marketing companies (OMCs) faced selling pressure on Thursday, February 12, as crude prices extended gains to a second day amid escalating tensions between the US and Iran.

BP on Tuesday said the board decided to suspend the share buyback and fully allocate excess cash "to accelerate strengthening" of its balance sheet. The British energy major posted fourth-quarter ...

Russia has been supplying crude oil to Cuba repeatedly over the past few years and supplies will continue, the Russian ambassador to Havana, Viktor Koronelli, told state news agency RIA today. The ...

Keeping tabs on your tire pressure is one of the simplest ways to improve safety, fuel efficiency, and tire longevity, yet it’s also one of the most commonly overlooked maintenance tasks. While ...

The United States military has seized another oil tanker in the Caribbean, as it continues to target vessels sanctioned by Washington in its pressure campaign against Venezuela. In a statement on ...

China accused the United States at the United Nations on Tuesday of violating international law and destabilising the Caribbean region, as Washington defended its seizure of Venezuelan oil tankers and ...

An issue with one of the engines forced an Air India plane bound for Maharashtra's Mumbai to return to Delhi on Monday morning after being airborne for about an hour. The Air India aircraft, a Boeing ...

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A video posted by Attorney General Pam Bondi shows armed U.S. personnel rappelling from a helicopter and taking control of a tanker off Venezuela’s coast. Photo: U.S. Attorney General's Office/X via ...

President Donald Trump said Wednesday that U.S. officials have seized a “very large” oil tanker off the coast of Venezuela, a major escalation of the administration’s months of efforts to punish the ...