Enbridge Inc. is devising plans to rapidly boost capacity on its US oil pipeline system if the incoming Trump administration ...

Oil prices have continued their merry run since the beginning of the new year on the back of increased concerns over supply disruptions.

By KYLE DAVIDSON Michigan Advance Built in 1953, Enbridge’s Line 5 pipeline carries 540,000 barrels of light crude oil, light ...

This expansion is expected to increase the refinery's storage volume by 6.29 million barrels, equivalent to 1 billion litres.

Good afternoon, and happy Friday, readers! In today’s Daily on Energy, Callie and Maydeen continue to cover the destructive fires burning throughout Los Angeles County. Our hearts go out to those who ...

Shares of energy companies rose as oil futures spiked due to new U.S. sanctions on the Russian oil industry.

Fresh U.S. sanctions on Russia’s oil sector looked to threaten global supplies, lifting prices for both U.S. and global benchmark crude sharply on Friday. The [U.S. Department of Treas ...

The U.S. Treasury Department unveiled new sweeping sanctions on Russia’s energy sector in an effort to reduce Moscow’s revenue from oil.

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

On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...

Oil rose to $80 per barrel, the highest level since October, as the US announced new sanctions against Russia.

Stocks of oil at Cushing fell by 2.5 million barrels last week to about 20 million barrels, the lowest since October 2014.