A steep drop in crude oil prices largely due to U.S. President Donald Trump's tariffs will squeeze budgets of emerging market ...

A spokesperson for management company South Bow said personnel recovered 700 barrels, or about 20% of the spilled product, as ...

The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from ...

All this started with a big miracle in Azerbaijan 179 years ago, in 1846, where the world's first mechanically drilled oil ...

The Bicentenario crude oil pipeline in Colombia has been shut down following an explosion that state oil company Ecopetrol said was caused by a guerrilla attack.

The sell-off in the crude oil market is expected to bring down the pace of US production growth, according to Rystad Energy.

The Nigerian Upstream and Petroleum Regulatory Commission (NUPRC) has disclosed that Nigeria's official petroleum reserves ...

A total of 32 US states pump oil, but just over 42 percent of the country’s crude oil production comes out of Texas, according to the US Energy Information Administration. This is way ahead of any ...

As we await first oil, the message is clear: the opportunities in Uganda’s oil and gas sector are vast and varied. From ...

The most important type of crude oil used in Europe is Brent Crude, named after the North Sea oilfield where it is extracted. Brent Crude is a particularly light crude oil which is carried from ...