Occidental CEO Vicki Hollub compared using CO2 in enhanced oil recovery to fracking, the technology that sent U.S. oil and ...

ExxonMobil has been forced to temporarily curtail oil production from its big Hibernia and Hebron fields offshore eastern ...

Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty looms over ...

A potential Ukraine ceasefire and the associated easing in sanctions on Russia are unlikely to substantially increase ...

International Energy Agency (IEA) cites data showing that the country's consumption of gasoline, gasoil and jet fuel declined ...

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s trade policy is injecting a dose of uncertainty into markets.

U.S. refiners have become more reliant on heavy crude from Canada. Tariffs on Canadian crude oil imports could lead to higher ...

Deliver their Valentine’s Day bouquet in something nicer than the standard florist’s vase. Raawii’s Strøm jug is on sale for $55 at MoMA’s store, though that price only applies to the purple color ...

US West Texas Intermediate crude was up 20 cents to $71.23 a barrel. Oil prices had fallen more than 2 per cent on Wednesday as a large build in US crude and gasoline stockpiles signalled weaker ...

FILE - Colombia President's Gustavo Petro addresses the 79th session of the United Nations General Assembly at United Nations headquarters, Sept. 24, 2024. (AP Photo/Seth Wenig, File) ...

OPEC+ also won't deliver on the White House's request for more oil. President Donald Trump's pledge to lower prices at the pump is getting ... need to average $84 per barrel for domestic firms ...