Oil drillers in central California have resorted to the costly and cumbersome alternative of trucking crude barrels 50 miles.

The U.S. Department of the Interior (DOI) announced this week that Bureau of Ocean Energy Lease Sale Big Beautiful Gulf 2, or BBG2, generated $46,976,423 in high bids. In the statement, the DOI ...

No one in their right mind would dare to sit short oil over the coming weekend, SEB Chief Commodities Analyst Bjarne Schieldrop said.

TotalEnergies operates Lapa with a 48 percent stake. Shell PLC holds 27 percent. A joint venture owned 60 percent by Spain's ...

A court upheld a 'voluntary arrangement' between the energy engineering company and certain creditors, in a challenge by UK tax authorities that threatened to delay Petrofac's sale of its Asset ...

ADNOC cut the volume of crude for its onshore partners by about a fifth for this month, although the flows will still go to a port outside the all-but-shuttered Strait of Hormuz.

The U.S. Navy could start escorting tankers through the Strait of Hormuz by the end of this month, Energy Secretary Chris Wright said.

Two oil tankers were hit in Iraqi waters, the latest in a string of attacks on ships in the Persian Gulf that are raising risks to global energy supply from the deepening Middle East war.

In its latest State of Energy report, which was released last week, the Texas Independent Producers and Royalty Owners ...

The average regular gasoline price in the U.S. is $3.598 per gallon as of March 12, according to the AAA Fuel Prices website.

Threats to the energy structure in the Middle East have kept oil prices bid', Aaron Hill, Chief Market Analyst at FP Markets, said.

Equinor discovered more oil, gas and condensate on Norway's side of the North Sea, with plans to extract the resources via ...