China has identified newly proven oil equivalent reserves of 55.56 million tons in the Tarim Basin, located in the Xinjiang ...

OTTAWA — Statistics Canada says manufacturing sales rose 0.8 per cent to $71.5 billion in November, helped by higher sales in ...

Following a 2.1% increase in October, total manufacturing sales rose 0.8% to $71.5 billion in November, on higher sales in 13 of 21 subsectors. The aerospace product and parts industry group (+9.3%) ...

Occidental Petroleum Corp. (NYSE: OXY) is rewarding its shareholders once again with a quarterly dividend of $0.22, payable ...

The Lukoil refinery is one of the largest producers of petroleum products in the Southern Federal District, processing 13.5 ...

Iraq and British oil giant BP are set to finalize a major agreement involving four oil and gas fields in the northern city of Kirkuk in early February, ...

Indonesia points way Oluwatayo Aduloju, chief executive officer at Nigerian Economic Summit Group (NESG) has expressed regret that Nigeria, ...

Sentiment has been boosted Wednesday after data showed the headline consumer price index increased by 0.4% month-on-month in December, slightly faster than a pace of 0.3% in the prior month. Compared ...

Taxes now account for 45.8 percent or Sh80.91 in the price of a litre of petrol and 41.14 percent (Sh69.2) per litre of ...