The Trump Administration is looking for innovative ways to tap more crude from federal lands as the U.S. Strategic Petroleum Reserve (SPR) is being depleted aga

East-west pipeline allows world’s biggest oil company to circumvent the Strait of Hormuz and keep pumping

Iran denies reports of oil leak near Kharg Island export hub

Iran's blockade of the Strait of Hormuz has resulted in the loss of nearly a billion barrels of oil with the shortage growing worse every day.

The first fuel oil cargo from Mexico has just arrived in Asia, in a first such shipment in nine months, as high Asian prices draw supplies from other regions am

The semi-official Tasnim news agency reported that Iran has seized an oil tanker, accusing it of "attempting to disrupt oil exports and the interests of the Ira

Iraq’s Oil Ministry has denied that its deputy minister was involved in opaque sales of Iraqi oil mixed with Iranian crude for Iran’s benefit, as the U.S. alleg

Oil prices head for a 7% weekly loss as traders struggle to price in conflicting signals from U.S.-Iran talks and ongoing Middle East attacks. Friday, May 08, 2

The collective monthly value of asset deals within the upstream oil and gas sector collapsed to $5.55 billion in March, down from $32 billion in February, even

Iran has seized a tanker that appears to have been carrying its own oil, highlighting just how tangled its export system has become under sanctions and blockade

U.S. forces struck two empty Iranian-flagged oil tankers in the Gulf of Oman on Friday, escalating pressure on Tehran’s shipping network even as Washington says

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bring

Cenovus Energy (TSX, NYSE: CVE) just posted one of its strongest quarters on record. Its CEO used the earnings call to deliver one of the starkest warnings the

Citi explains why oil prices haven’t gone even higher

The gold miner warned rising fuel and freight prices tied to the Iran conflict are increasing mining costs across its operations.

Chief executive Jon McKenzie said the national conversation around oil sands development has become “myopically focused on the climate agenda."

The U.S.-Iran war has created a military crisis in the Gulf. But for oil markets, the more dangerous battlefield may now be the futures curve. The first shock w

International companies are flocking back to Venezuela, with deals worth billions getting closed under U.S. management of the country’s oil resources. Venezuela

Asia is trying to save itself any way it can. With Gulf barrels harder to get, buyers are pulling crude from wherever it is still available – even from as far a

Oil prices surged in early Asian trade on Friday after Iran and the U.S. exchanged fire in the Strait of Hormuz, threatening to break the very fragile ceasefire