Binh Son says it is operating above capacity to address supply concerns as top petroleum firms plan to boost imports amid fears of a shutdown of the country's biggest refinery

The company completed the relinquishment of exploration permits covering three offshore blocks and is in the process of withdrawing from three others

The detour followed an order from a US judge that the ship be held as part of a lawsuit over alleged failure to pay $4.6 million in fuel bills

BP in 2019 bought a 49% stake in more than 1,400 petrol pumps and 31 aviation turbine fuel stations owned by Reliance for $1 billion

Jakarta conducted a test flight using jet fuel mixed with palm oil last year and plans to do road tests for biodiesel containing 40% palm fuel next month

Members of OPEC, mainly from Middle East and Africa, saw their share of the pie in India shrinking to 70% in 2021, from a peak of 87% in 2008

Move comes as world powers are locked in tough negotiations with Iran to revive a 2015 nuclear deal that will include the lifting of US sanctions on Iranian oil

Human Rights Watch said TotalEnergies and Chevron had learnt the importance of cutting ties with Myanmar's military, but PTT, the Thai oil and gas giant, will soon control pipeline revenues

Company aims to advance oil and gas projects in Western Australia and Senegal, as well as step up efforts to start producing hydrogen in three sites in coming years

Panjin Beifang Asphalt Fuel Co, Liaoning Bora Biological Energy Co and Panjin Haoye Chemical Co Ltd were found to have not paid fuel consumption taxes on refined oil products they sold

China brought in 260,312 tonnes of Iranian crude oil in December, General Administration of Chinese Customs data shows

The longest pipeline to be built in that period - Section 2 of Power of Siberia 1 - is expected to become operational in 2023