Iran&rsquos Ministry of Petroleum has formed a Petroleum Council to oversee the award and management of petroleum industry contracts, according to local press reports on 28 December. The formation of ...

Marathon Petroleum Corp and Archer-Daniels-Midland Co said on Thursday they would form a joint venture (JV) to produce soybean oil for the fast-growing renewable diesel fuel market. The JV will own ...

Sudan’s oil sector took a step forward on 30 October with the creation of its long-awaited National Petroleum Commission (NPC) – a body which could provide a template for the management and control of ...

Midnight Oil & Gas Ltd. said Thursday it is buying privately held Vintage Petroleum Canada Inc. for $350 million, and plans to convert itself into an income trust and a natural gas exploration company ...

A committee formed In response to the evolving geopolitical situation following Israel’s recent attack on Iran and the resulting volatility in the international oil markets held its first meeting on ...

Marathon Petroleum Corporation MPC and Archer-Daniels-Midland Company ADM recently entered into an agreement to form a joint venture for producing soybean oil to meet steadily expanding demand for ...