A lmost 400 million barrels of oil are currently sitting in dozens of deep underground caverns in the Deep South of the US.

The fully operational Baytown Facility features one of the largest hydrotreaters in the re-refining industry, enabling Blue ...

The United States is tightening its grip on a powerful new energy frontier, as ExxonMobil’s deepwater oil operations off the ...

BP plc BP, the UK-based energy major, has approved the development of the Ginger natural gas project offshore Trinidad and Tobago. This is one of the 10 major upstream projects that the company aims ...

Omega Oil & Gas’ major investor Tri-Star Group believes the Canyon-1H oil and gas find compares favourably to the ...

Crude oil prices have slumped about 15% over the past year. That has pushed West Texas Intermediate (WTI), the primary U.S.

BP, Shell, Exxon, and Chevron are boosting fossil fuel investments after disappointing returns on green energy ventures.

One company wants small nuclear reactors to power the energy-intensive process of purifying vast volumes of toxic “produced ...

It made contact with a US-flagged oil tanker, called the Stena Immaculate, which was carrying 220,000 barrels of jet fuel in 16 segregated cargo tanks when it was struck. At least one tank “was ...

Oil production figures released by the Nigerian Upstream Petroleum Regulatory Commission showed that the country’s crude production fell to approximately 1.47 million barrels per day in February ...

versus expectations for a 1.9 million-barrel draw, while distillate stocks also dropped by more than expected. "This week, the oil build was smaller than expected and gasoline and diesel draws ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million barrels for the week ending March 7. Analysts had expected a 2.1 million ...