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 ...

Many price forecasts have been called misguided or heretical but ultimately proved valid. Pundits are too quick to embrace ...

Oil markets have been very volatile in recent years. In 2020, the price per barrel fell below $25, only to zoom past the $100 ...

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 ...

A lthough the S&P 500 is up nearly 23% this year, 119 stocks in the benchmark index have lost value (as of Oct. 11), and one ...

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

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 ...

EIA revised its most obvious flaw in its monthly Short-Term Energy Outlook. Discover the EIA's bearish oil price outlook and ...

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 ...