Indian Oil Corporation (IOC), India’s largest refiner by capacity, has purchased 3 million barrels (mmbbl) of crude oil from the Middle East and West Africa for November delivery across several Indian ports, trade sour...

KBR, the American engineering and technology company, has secured a deal with  Aramco, the Saudi energy major, to support the upgrade of facilities across the Marjan offshore field in the Arabian Gulf. The Marjan is a m...

The International Energy Agency (IEA) is expected to work out the details of a planned 100 million-barrel (mmbbl) release of crude oil and petroleum products from emergency reserves at a meeting next week, as markets see...