The oil will be delivered to the Bryan Mound Strategic Petroleum Reserve site near Freeport, Texas, in December and January, the Energy Department said in a statement.

JUNEAU, Alaska (AP) — The Trump administration said Thursday it is rescinding federal rules that were aimed at protecting ...

Evolution Petroleum Corporation's debt level has raised the investment risk of this higher-cost operator. Learn more about ...

The Department of Energy (DOE) announced Wednesday that it has advanced a plan to acquire one million barrels of crude oil to ...

Ukrainian drones Friday hit facilities at the Black Sea port of Novorossiisk, leading to the halting of oil exports from the city. It's unclear how long the pause will be in effect. Reports indicate ...

Occidental Petroleum's sale of its chemicals business to Berkshire Hathaway for $9.7 billion reduces debt to targeted levels.

Commercial crude oil inventories jumped 6.4 million barrels as U.S. production set new records and refinery capacity utilization rose to 89.4%.

(Reuters) -Occidental Petroleum beat Wall Street expectations for third quarter profit on Monday, as the U.S. shale producer ...

The oil-and-gas producer’s oil-and-gas segment, which makes up the bulk of its top line, recorded revenue of $5.4 billion, ...

Crescent Petroleum, the region’s oldest and largest private oil and gas company, has partnered with Edraak, the Arab world’s ...

Company Limited has announced the successful drilling of its first oil from the Ibom Field, marking a significant milestone ...