Congress has passed a measure to overturn a plan enacted during the Biden administration that put off limits to oil and gas ...

Pakistan Petroleum Ltd., a state-owned energy company, is reclaiming land from the sea to create a launchpad to ramp up oil ...

The Dispatch reports on the Strategic Petroleum Reserve's dwindling levels and the need for clearer vision and utilization to ...

Crude oil inventories decreased last week by 3.4 million barrels as exports increased and refineries ran at a higher rate, ...

South Sudan said it had resumed oil shipments after attacks on energy facilities in neighboring Sudan disrupted activity.

Marathon Petroleum's profit outlook is waning as refinery spreads fall dramatically on higher oil prices and lower gasoline demand. The recent oil "crack spread" crash threatens to erase most of ...

WASHINGTON — The U.S. House of Representatives passed legislation Thursday from Ohio’s Rep. Bob Latta to commission a study ...

Pakistan Petroleum plans to drill its first offshore oil well in March 2026 at the Sirani Block, a major step in hydrocarbon ...

As of 11:30 a.m. ET, Nymex crude oil benchmarks were hovering near three-week lows. The January West Texas Intermediate crude contract was down $1.33 at $57.67/bbl, while the February WTI contract ...

The declines came as EIA reported U.S. implied gasoline demand - as measured by products supplied - fell by 500,000 b/d to 8.528 million b/d. The decline was expected, as the first week of November ...

The EIA's latest weekly petroleum status report showed that crude oil stocks, not including the SPR, stood at 424.2 million ...