The weak position of China's crude oil sector was underlined by September data showing a sixth consecutive monthly drop in ...

By Newsbase MENA Iran’s Jask oil terminal, situated outside the Persian Gulf, can export up to 1mn barrel of crude per day ...

Fidel Castro once called Cuba’s power plants “prehistoric.” But the country still relies on them, contributing to the longest ...

The big energy firms have largely stopped denying the scientific consensus about climate change. But behind their rhetoric ...

Buffett has been invested in Occidental for several years. But he's been consistently buying over time, gradually increasing his stake to enormous levels. Last quarter, he bought more than 7 million ...

BISMARCK – North Dakota reached an all-time high of 19,117 producing wells in August, according to the assistant director of ...

U.S. stocks hovered near record levels on Friday as Netflix shares surged, while CVS Health slid amid mixed reports on ...

Crude futures resumed their descent Friday, a day after posting a gain for the first time in five days, with prices of the U.S.-traded benchmark briefly breaking below $70 a barrel overnight and on ...

Crude-oil prices moved lower Friday morning, with futures tied to the U.S.-traded benchmark on track for their worst weekly drop in a year. Concerns about weak demand have helped weigh on prices of ...

Chinese contractor Jiangsu Strongwind Offshore Equipment Fabrication has won a subcontract from Singapore-based OceanStar Elite to engineer and construct a floating storage and offloading vessel ...

China's crude oil refining dropped to a three-month low in September due to seasonal maintenance and a shift in energy ...

Navitas Petroleum and Rockhopper Exploration have received the necessary licence extensions from the Falkland Islands ...