(Bloomberg) — It’s a great time to be an oil refiner — but a less great time to be filling up at the pump. In Europe, the US and Asia, giant plants are making money by doing what they’ve always done: ...

Previously, we reported that the national average price of gasoline in the United States has dropped below $3 a gallon for the first time in years, in large part due to OPEC+ returning more barrels to ...

WASHINGTON (AP) — Oil prices spiked Thursday after the U.S. announced massive new sanctions on Russia’s oil industry in an attempt to get Russian President Vladimir Putin to the negotiating table and ...

Colombo, October 6 (Daily Mirror) - Sri Lanka is ready to complete the selection of a marketing consultant this week to proceed with calling for bids for commercial extraction of offshore natural oil ...

New data shows governments now planning more fossil fuel production in coming decades than they were in 2023 Governments around the world are ramping up coal, gas and oil extraction which will put ...

Hydraulic fracturing is a completion technique that pumps high-pressure fluid and proppant into a low-permeability reservoir to create and prop open fractures, increasing flow paths so oil can move to ...

Trees covered in oil after a spill in Ojital Viejo, Mexico. According to experts, it will be years until food grown in the affected area is safe for consumption.Credit... Supported by By Omar Lázaro ...

Mark Ireland has previously received funding from companies with fossil fuel interests. “We are going to get all our oil and gas out of the North Sea”, Conservative Party leader Kemi Badenoch said ...

Ukraine resumed its drone strikes on Russian oil refineries last weekend, the latest salvo in a nearly 18-month military campaign to crimp Russian fuel supplies. The attacks are expected to further ...

The world of tools is populated by a vast and incredibly diverse group of gadgets and devices. From basic hand tools, like screwdrivers, pliers, and ratchets, to more advanced tools like impact ...

Why Isn’t Canada Cutting Oil Production? Canada’s oil sands giants, Suncor and Imperial Oil, have become North America’s lowest-cost producers, a key transformation in the upstream landscape as shale ...