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The Huizhou 19-6 field has now been shown to have over 100 million metric tons of oil equivalent of proven in-place volumes.

Muscat: A new study by the Environment Authority (EA) has raised concerns over the rising number of small-scale, unattributed oil spills that continue to pose a significant risk to marine environments ...

Earlier this month, state-run Nile Petroleum Corp assumed control of PETRONAS’ oil fields and assets – effectively repossessing the Malaysian company’s investment – and announced it would ...

New York Gov. Kathy Hochul (D) is leading in a field of potential Democratic challengers for the state’s gubernatorial race, according to a survey released Monday. The Siena College Research ...

The 183m long tanker, the US flagged chemical and oil products carrier the Stena Immaculate, and the 140m container ship MV Solong, sailing under a Portuguese flag, collided at around 9.48am ...

(Ronaldo Schemidt/AFP/Getty Images) U.S. Secretary of Energy Chris Wright told investors Monday that the new tariff on oil imported from Canada might be eliminated as soon as next month.

This story was produced in partnership with the Pulitzer Center. It is part two in a four-part series. Read part one here. President Trump and Texas lawmakers are pushing to loosen the laws and ...

Oil prices were slipping, with Brent crude down 0.1% at $70.29 a barrel and WTI down 0.2% at $66.91 a barrel. Both benchmarks are down more than 7% on month. Crude oil prices are under pressure as ...

It's the opposite of what the president wants." Rising costs in aging shale fields are also a challenge. U.S. oil output is set to grow 380,000 barrels per day this year, much less than the ...