South Africa has granted oil majors and traders, including BP and Vitol, extended access at its main petrochemical hub, ending years of wrangling over short-term leases that threatened investment and ...

Brazilian state-run oil firm Petrobras said on Friday it had concluded the purchase of a 27.5% stake in block 4, located in ...

In a bid to stabilize struggling crude-oil refineries, state lawmakers on Saturday passed a last-minute bill that would allow ...

Monkey Island LNG ("MILNG") announced today the execution of a Memorandum of Understanding (MOU) with an investment-grade International Oil Company (IOC) for the offtake of up to 5.20 million tonnes ...