The US is limiting imports of used cooking oil for biofuels, disqualifying foreign supplies from tax credits. This decision ...

Donald Trump has said that a meeting is being set up between him and Vladimir Putin to end the “bloody mess” of the war in Ukraine. “He wants to meet, and we are setting it up,” the US president-elect ...

Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the ...

Ukraine expects that after the new US sanctions against Russia, the world will lose its appetite for Russian oil.

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

Oil prices rose Friday, touching prices last seen in the fall, as traders digested further U.S. sanctions on Russia.

Last year was a record year for the Texas oil and natural gas industry, which broke its previous records for production, ...

Whitecap is forecasting that crude prices may be volatile, “but on balance robust” in 2025, particularly as a weak Canadian dollar tends to work to the benefit of exporters. The company’s price ...

Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation ...

Since Russia’s invasion of Ukraine in 2022, the U.S. has carefully calibrated its sanctions of the Russian energy sector, ...

The Biden administration has expanded sanctions on Russia's oil and gas sectors to penalize entities engaged with Russia, ...