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At the resumed hearing of the UK corruption trial involving former Nigerian Minister of Petroleum Resources, Diezani Alison-Madueke, prosecutors on Thursday presented what they described as a ...

In London, prosecutors say Diezani Alison-Madueke was handed “a life of luxury” by oil barons: millions at Harrods, museum-grade furniture, and renovated ...

British Journalist, newsreader and celebrated BBC foreign correspondent Michael Buerk was a 15-year-old Birmingham lad only ...

According to sources, prosecutors further alleged that more than £2 million was spent on Diezani’s behalf at the Brompton Road store ...

Iran says any US attack could trigger an expansive retaliation, amid heightened tensions after Israeli gunfire killed at ...

President Trump said in an interview Wednesday that he supports Venezuela staying in the Organization of the Petroleum Exporting Countries (OPEC). “Well, I think it’s better for them if they do it,” ...

WASHINGTON, Jan 14 (Reuters) - President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the Petroleum Exporting Countries, or OPEC, ...

Rising oil output from the Americas and potential U.S. control over Venezuela’s reserves threaten to weaken OPEC’s influence on global oil supply and pricing. A recovery of Venezuela’s oil sector ...

The share of OPEC crude oil in India’s import mix surged to the highest in 11 months in December as Russian shipments dropped to the lowest in two years on the latest U.S. sanctions. Reuters reported, ...

NEW DELHI, Jan 15 (Reuters) - India's Russian oil imports fell to their lowest level in two years in December, as Western sanctions pushed refiners to tap alternatives, lifting OPEC's share of imports ...