The Railroad Commission of Texas (RRC) revealed its latest preliminary crude oil and natural gas production figures.

Parliament on Thursday approved a reform of Venezuela's Hydrocarbons Law, tightened under socialist ex-leader Hugo Chavez in ...

The Southeast is bracing for another winter storm this weekend, which is expected to bring heavy snow, strong winds, and coastal erosion.

Crude oil futures ended little changed Friday but wrapped up their largest weekly gains since October, as the buildup of U.S.

A stronger US dollar can limit demand from oil buyers paying in other currencies Read more at The Business Times.

Nigerian fuel marketers warn of a potential petrol price increase to N1,000/litre as global crude oil prices surge past $70/barrel. Learn more.

Oil prices consolidated their recent gains and held near six- month highs on Friday, supported by concerns over the tensions between Iran and the U.S.Brent crude futures were down 7 cents to $70.64 a ...

The group of major oil producers known as OPEC+ will have to take oil flow uncertainty and an expected global supply surplus ...

Under the new law, the Venezuelan gov't can discretionally reduce taxes and royalties so that projects are “internationally competitive.” ...

Exxon Mobil maintains long-term interest in Venezuela despite Trump’s threat to keep the company out, while Chevron aims to hike its Venezuelan volumes without any additional capital influx.

“India has the largest refining industry in the world today, and they are actively taking Canadian crude off the Gulf Coast, ...

Imperial Oil has announced it's ending the production of oil in Norman Wells, a once massive oilfield in the Northwest ...