One of China's three major state-owned oil companies, Sinopec Corp, seems to have somehow managed to get some fair profit as it confirmed to get 2% hike in its 2011 profit today. Sinopec Corp.

According to sources, discussion between the UK Prime Minister, David Cameron and U. S. President, Barack Obama regarding the oil release is on the way of a substantial decision.

In a recent report, it was revealed that there is no halt to the rising price of gasoline as it was seen rising on Friday.

A recent analysis by a team of researchers from the Department of Energy and Climate Change (DECC) has found that people living in fuel poverty have been continuing to rise since the past decade.

After visiting north-central Pennsylvania to examine drilling methods for natural gas, which have been opposed by some local residents there, Gov.

Gasoline Prices are rising swiftly in the US, which has already begun to impact the motorists.

Total SA, the French oil behemoth, on Friday revealed in a statement that the year 2012 has started a lot more favorably for them as compared to the last year.

It has been recently revealed that the regulators of the state are of the hope of being able to create a more pronounced and effective plan for the communication between the people and the local gover