An oil tanker that burned for weeks in the Red Sea and threatened a massive oil spill has been “successfully” salvaged.

SK Earthon, an oil drilling subsidiary of SK Innovation, said that a partner company hit 370 feet of net pay in an oil ...

This article explores the history of oil, from its ancient origins to its current dominance, and examines its profound impact ...

Gas prices are ticking up on the High Desert and elsewhere in the first days of 2025. The major driver is a rally in crude ...

A map made by Newsweek shows some of the 80 attacks Ukraine conducted on Russian oil refineries and depots in 2024.

Brazzaville, have formulated "a timetable and road map" for how President Xi Jinping's US$50 billion funding commitment will ...

In a sweeping environmental decision during the final days of his presidency, President Biden on Monday banned new offshore oil and gas drilling across 625 million acres of America's oceans, including ...

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

U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries ...

Global crude oil exports declined in 2024 for the first time since the pandemic due to weaker demand, reshuffled trade routes ...