BP announced on Monday that it had made an oil-and-gas discovery in Brazil's Santos Basin, a pre-salt zone in deep waters ...

Malaysian palm futures declined on Monday due to concerns about the increasing stock and production levels. Prices were also ...

Inpex Corp, a Japanese oil and natural gas exploration company, announced on Monday that it had awarded several contracts for ...

A few independent Chinese oil companies have poured into Iraq and are planning multi-billion dollar projects to develop the vast reserves.