Putin declares emergency over 20,000 ton diesel spill

Moscow (CNN) Russian President Vladimir Putin has ordered a state of emergency in the Siberian city ofNorilsk, after 20,000 tons of fuel spilled into a nearby river from a power station. An environmental group has described the damage as ca...

Sinopec Puts China's Largest Petrochemical Port into Operati

ZHANJIANG,China,May 9, 2020/PRNewswire/ --Sinopec Corp (HKG: 0386),Chinasleading energy and chemical company, has putChinaslargest petrochemical port into operation with the successful docking and unloading of the New Renown, Crude Oil Tank...

Oil climbs to highest level in more than a month

Oil prices climbed by more than $1 a barrel on Monday to their highest in more than a month, supported by ongoing output cuts and signs of gradual recovery in fuel demand as more countries ease curbs imposed to stop the coronavirus pandemic...

Independent review firms up resource potential of giant Pert

An independent review has firmed up the potential size of the giant Strike Energy-operated West Erregulla gas field in Western Australias onshore Perth basin. Field partner Warrego Energy revealed Monday an independent certification by Pert...

How negative crude oil price led to multiple legal battles i

The Multi-Commodity Exchange of India Ltd (MCX) settling its April crude oil contracts at minus ₹2,884 a barrel, following the historic crash in prices in the US, has resulted into at least five court cases across three jurisdictions in I...