Indian Oil has reportedly entered a five-year agreement with global commodities trader Trafigura to purchase 2.5 million tonnes (mt) of liquefied natural gas (LNG), potentially amounting to $1.4bn ...

Melbourne-based explorer Bass Strait Oil (BSOC) has contracted the Diamond Offshore semi-submersible Ocean Patriot to drill two firm and two optional wells in the offshore Gippsland basin from late ...

'This agreement strengthens our long-standing partnership with Indian Oil and is a testament to the dynamic and robust energy ties between the UAE and India', ADNOC Gas CEO Fatema Al Nuaimi said.

Oil declined for a second day, dragged lower by weakness in refined products as traders await data expected to shed light on the extent of crude surpluses. West Texas Intermediate dipped 1.1% to ...