Energy Minister Kumara Jayakodi said ,during a visit to the Oil Tank Farm, that steps will be taken to renovate the oil tanks, construct a pipe line to supply fuel to ships and develop it as a ...

ECONOMYNEXT – Sri Lanka will continue a joint venture with India to develop Trincomalee Oil Tank farm aiming to earn more foreign exchange to the country, Energy Minister Kumara Jayakady said.

Indian Army successfully carries out trials of DRDO developed third Generation Anti-Tank Guided Missile NAG at Pokhran. File image/PTI India’s weapons arsenal got a major boost on Monday (January 13) ...

Crude oil prices remained stable today after dipping on Tuesday following the release of the Energy Information Administration’s latest Short-Term Energy Outlook. In the outlook, the EIA ...

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago. By Rebecca F. Elliott Rebecca F. Elliott spoke ...

TORONTO — Toronto-based Float Financial Solutions Inc. says it has signed a $70 million financing round led by Goldman Sachs' growth equity division. The business finance platform says the series B ...

Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The Toronto-based fintech likens itself to U ...

Months after Float Financial Solutions Inc. launched its small business financial management platform, it raised US$30-million in venture capital led by New York’s notoriously spendthrift and ...

Eight tanks are set to be constructed at the Dangote Petroleum Refinery in Nigeria. The strategic move aim to address crude oil supply challenges by expanding its storage capacity and refining ...

Oil prices rose to three-month highs on Friday on perceptions of tighter U.S. sanctions on Russia impacting Moscow's ability to maintain its crude exports to Asia, among other factors. At 9:30am ...

Brent crude and WTI futures rise over 3% to 3-month high US announces harshest package of sanctions against Russian oil Sanctions will hit Russian oil exports - UBS, traders Extreme cold in US ...