Petroleum

US Senators introduced a bill that would ban Russian oil and energy imports on Thursday. The "Banning Russian Energy Imports Act" already has widespread support, says senator Joe Manchin, a Democrat from West Virginia, who said that the legislation...

The Cyprus government and the consortium of companies ExxonMobil Corporation and Qatar Petroleum signed on Wednesday the exploration and production sharing contract for Block 10 of the Exclusive Economic Zone of the Republic of Cyprus. The contracts were signed in...

If the price of oil drastically increases the government will take the necessary measures, Environment and Energy Minister Giorgos Stathakis said on Monday, speaking to Real FM radio, responding to questions relating to the rise in international oil prices...

The winter months have brought plummeting temperatures to Greece and with the economic crisis looming over the country, many facilities have had to go with little to no heat as they do not have the proper funds to pay...

Iran stopped exporting petroleum to Greece, announced Iran's Minister of Petroleum Rostam Ghasemi on Tuesday, according to Shana news agency. "At this moment, Iran does not sell petroleum to Greece," stated Ghasemi. He also commented that "Iran does not face...