Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...

Crude prices are up, in part, on new U.S. sanctions on Russian oil. But sanctions have proven not be a good reason to invest.

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian ...

"I will be 100% on board with taking sanctions up," Treasury Secretary-pick Scott Bessent told lawmakers on Thursday.

Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...

The implications of China hitting peak oil are enormous. If Chinese demand is reaching a plateau that would fulfil ...

Donald Trump is heading back to the White House, promising to turbocharge American fossil fuels by slashing red tape.

The British oil giant told employees in a memo Thursday that it would slash around 4,700 jobs this year. The company also ...

U.S. states and territories are taking legal action against the government and oil companies over climate change impacts, ...

U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...

The Biden administration advanced a plan to limit oil drilling and infrastructure across more of Alaska’s National Petroleum ...

US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up ...