Iraq has extended the deadline for foreign companies and investors to bid for the construction and operation of a new 100,000 barrel per day (bpd) refinery near Mosul in the northern province of Nineveh, the oil ministry said on Sunday. Bidding documents provide for two investment...

U.S. President Donald Trump on Friday criticized OPEC for output reductions that have helped raise oil prices and said the action would not be tolerated, as oil prices appeared set for a second consecutive week of gains. "Looks like OPEC is at it again. With record amounts of Oil all...

 German police have detained a Porsche manager in a probe into the diesel emissions cheating scandal hanging over the luxury car brand's parent company Volkswagen. Porsche chief Oliver "Blume informed the workforce that the prosecutor of Stuttgart has taken a manager into custody",...

China announced plans Tuesday to allow full foreign ownership of automakers in five years, ending restrictions that helped to fuel its escalating dispute with U.S. President Donald Trump and strained relations with other trading partners. The change would scrap rules that require global...