Russian oil companies should retain at least 30% of the ​oil they produce for processing ‌at domestic refineries, the ...

The L.A. City Council attempted to phase out oil production in 2022, but the ordinance was struck down by a judge following ...

Ohio's oil and gas industry says Senate Bill 219 makes much-needed updates to state drilling laws, though environmental ...

Ukrainian strikes have knocked out a significant part of Moscow's oil refining capacity, triggering oil product shortages and ...

American Energy Institute founder and CEO Jason Isaac discusses the future of Iran’s oil basis on ‘The Bottom Line.’ ...

A fire has broken out at the Slavyansk oil refinery in Russia's Krasnodar Krai following a, as Russian authorities said, ...

U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.

An international research has developed a membrane technology that could significantly reduce the energy required for crude ...

Despite the biggest supply shock in history, the oil market turned out to be significantly more flexible than most experts ...

Conditions in the federal-Alberta memorandum of understanding to approve a new oil pipeline will raise costs on the ...

Brazil's largest producing oil field has surpassed 1.1 million barrels per day as new offshore platforms ramp up production.

Oil is around $70 a barrel, well off the $112.95 it was back in April. With the Strait of Hormuz reopening, oil stocks have ...