The U.S. Department of Energy announced Friday it has approved an exchange from the Strategic Petroleum Reserve, or SPR, with ...

The Central Bank of Kenya (CBK) has revealed that global oil prices have risen ahead of the Energy and Petroleum Regulatory ...

BP's second-quarter results are expected to be impacted by lower prices received for gas and oil, while its upstream output ...

Iraq’s oil minister said on Saturday that Erbil is demanding more oil for domestic consumption and this is delaying the ...

The Nunavut government says it's working on a clean-up plan after reports of an oil spill near Arctic Bay. Photos posted to ...

The European Commission proposed on Friday a floating price cap on Russian oil of 15% below the average market price of crude ...

Energy Secretary Chris Wright authorized the exchange "to help maintain stable regional supply of transportation fuels across Louisiana and the broader Gulf Coast," the department said. It added that ...

The issue is about adjusting the current ceiling of $60 per barrel and introducing a flexible revision mechanism based on ...

BP said it anticipates higher oil production and trading revenue in the second quarter, helping to offset falling fuel prices ...

According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point ...

The Fort Worth water department is using the Village Creek Drying Beds as part of an emergency response to a spill of 2,600 ...

Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...