The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy and Conservation Act, signed into law by ...

Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil output by ...

India's Bharat Petroleum Corp has bought crude oil from Abu Dhabi in a spot tender to replace oil from Russia after the U.S.

Abu Dhabi has opened a major oil summit with optimism about rising energy prices. Officials believe power demands for ...

Occidental Petroleum’s Permian focus and asset sales strengthen its balance sheet, but oil price risks persist. Click to read ...

The Nigerian National Petroleum Company Limited (NNPC Ltd.) says Nigeria remains on track to grow crude oil production to two million barrels per day (bpd) by 2027 and three million bpd by 2030.Mr Udy ...

Though over half of 50 states produce at least some crude oil, there are six in particular that are responsible for the bulk of U.S. production.

In September, the Senate also joined the House in repealing Biden-era protections for the Central Yukon region, using the ...

Discover the key factors driving oil prices and their impact on global economies, from consumer budgets to corporate earnings ...

Price increases on petroleum products ranging from P1.70 to P2.70 per liter will take effect starting on Nov. 4. In separate ...

Key Points Bought 221,760 shares of OXY; estimated transaction value of $10.31 million Trade represents 7.37% of 13F ...

Company to Engage Industry Leaders on the Responsible Development of Wyoming's Bison Basin Natural Gas Resources ...