Shipping traffic was at its lowest level in more than a month and oil prices moved higher as the Iran war continued to disrupt the supply of energy.

Households reliant on heating oil as a fuel source say better regulation of pricing is needed.

Iraqi Prime Minister Ali al-Zaidi is visiting the U.S. this week. He met with President Donald Trump at the White House on Tuesday.

BP Ventures is shutting down, ending a nearly 20-year run that was marked by reportedly lackluster returns.

The oil and gas industry is shifting its capital investments toward Southeast Asia and Latin America due to prolonged shipping disruptions in the Strait of Horm

Yemen's Houthi Rebels are threatening to make the global energy crisis worse at the same time that the nation's own energy security is in dire straits. After fo

Chevron is taking another step toward expanding its footprint in Iraq, and is set to sign two memoranda of understanding on Friday that will move the U.S. super

Global oil demand could decrease for the first time since 2020, following months of oil trade restrictions in the Middle East and ongoing geopolitical turmoil,

Back in March, the 32-member countries of the International Energy Agency (IEA) agreed to a record release of 400 million barrels of oil and refined products fr

The oil market may soon run out of the supply and demand cushions that have kept prices from soaring to record highs during the huge loss of flows through the S

Oil prices were headed early on Friday for a 12% weekly gain, the biggest jump in one week since April, as the re-escalation in the Middle East and the abrupt h

Libya’s National Oil Corporation, NOC, and Austrian energy firm OMV have declared the Essar oil discovery commercially viable as OPEC’s second-largest African p

Shipping traffic was at its lowest level in more than a month and oil prices moved higher as the Iran war continued to disrupt the supply of energy.

West Texas Intermediate and Brent crude both saw their largest one-week percentage gains in months.

Fighting between the U.S. and Iran escalated.

Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.

It’s not often that wind power and oil and gas are mentioned in the same breath. The rare occasion concerns a new type of offshore wind turbine launched in Chin

The oil market is treating another US-Iran escalation as background noise. The U.S. launched another wave of strikes against Iran on Wednesday, expanding attack

Two shocks are hitting energy investors at once, and they point in opposite directions. The first is obvious. Iran’s Revolutionary Guard declared the Strait of

U.S. forces have struck and disabled an Iran-linked sanctioned oil tanker near Iran’s key export terminal, Kharg Island, deep in the Persian Gulf, the U.S. Cent