Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

An 82-year-old oil well drilled before the Allies turned the tide of World War II was spewing an undefined amount of oil, gas ...

Ever wondered where the gasoline that powers your car actually comes from? That shiny liquid fueling engines and driving the world’s transportation has a fascinating origin that goes back millions of ...

Former federal disaster response specialists and national environmental groups warn that DOGE job cuts may hamper the ...

Crude oil futures traded lower on Monday morning following progress in talks between Iran and the US on nuclear deal. This move helped ease concerns over a possible crude oil supply constraint.

The Federal Operations Unit, Zone C in Owerri at the weekend announced the seizure of N1,010,113,880.00 worth of contraband which included 78 Jerry Cans of 25 litre of Crude Oil, 102 bottles of 75 ...

A steep drop in crude oil prices largely due to US President Donald Trump’s tariffs will squeeze budgets of emerging market oil exporters, analysts said, while the potential economic slowdown ...

Imports from Malaysia, the top trans-shipment hub for sanctioned Iranian oil, leapt 84% on the year to 8.75 million tons, or 2.06 million bpd. China’s total crude oil imports rose 5% in March ...

Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to curb Iranian oil exports, which ...

At 442.3 million barrels, U.S. crude oil inventories are about five percent below the five year average for this time of year', the U.S. Energy Information Administration said. Image by yamonstro ...

She covers current events, breaking news and issues including substance use. An estimated 3,500 barrels of crude oil spilled into an agricultural field in North Dakota after a Keystone Pipeline ...

U.S. crude oil inventories rose for a second consecutive week amid an increase in net imports, according to data released Wednesday by the U.S. Energy Information Administration. Commercial crude ...