The list of global companies cutting ties with Russia continues to grow as sanctions against Moscow rack up over its attacks on Ukraine.
The UK’s oil giant BP is temporarily shutting down some of its petrol stations amid the shortage of truck drivers.
The UK government has courted investments from the Gulf to help boost its economy, especially after Brexit. But will it come at a cost?
The Covid-19 pandemic has caused a drop in demand and prices like never before. Here’s how global oil giants are dealing with the mounting losses.
The UK's annual report on human rights and democracy is a reminder that Britain's leadership pursues profit over principle.
BP discovered two new oilfields in the Gulf of Mexico, identifying an additional billion barrels of oil in the region using new seismic technology.
Shah Deniz 2 will deliver Caspian resources directly to European gas markets through Turkey and reduce Europe's energy dependence on Moscow.
Deal comes after Iraqi government forces take back the oil fields under the KRG's Peshmerga forces, who had occupied Kirkuk in 2014 to prevent the city from falling to Daesh.
Turkey is gaining significance as an energy corridor supplying oil and gas to Europe from oil-rich Central Asian and Middle Eastern countries. But first, it must meet its own energy demands.
Some of the world's largest petroleum companies are investing in renewable energy. That's partly due to public concerns over climate change and uncertainty about the future. And amid all this, once high-paying jobs in oil are at risk.
US Supreme court rejects request from shareholders to revive their lawsuit against British oil company BP.
BP to pay $18.7 billion as compensation over 2010 oil spill in Gulf of Mexico as US Judge Carl Barbier finalises settlement
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