Early panic pushed crude oil past $81, but prices have since fallen as traders bet the Strait of Hormuz will stay open.

A queer-led group in Richmond uses kayaks to protest fossil fuel pollution and reclaim access to the bay for communities of ...

Russia’s crude oil shipments dropped for the second straight week, cutting into the profit gains from the recent spike in ...

Frontline led a steep decline in tanker and gas stocks after a ceasefire was announced between Iran and Israel. Shares of the ...

Modular refineries flip that equation by shipping prefabricated process trains to the site; they compress construction ...

Norway’s Johan Castberg oilfield has reached peak production of 220,000 bpd just three months after startup, positioning it ...

The faltering volumes came as oil prices climbed with Israel and Iran trading missile attacks since Friday. Weekly average prices for Russia’s crude exports gained by about $4 a barrel last week and ...

Russia’s oil shipments hit a 7-week low despite higher prices and OPEC+ quota; Murmansk slowdown and rising refinery runs ...

A US official told The Associated Press that US President Donald Trump in recent days vetoed an Israeli plan to kill Iran’s ...

As the top oil explorer in Russia from 1925 to 1942, Dr. Smirnov discovered the Arctic fields in the Taimyr-Lena area, and the rich Second Baku basin, which stretches from the Caspian Sea to the ...

Russia has increased supplies of its oil from the Arctic to Syria, which needs the feedstock for its refineries, according to shipping data cited by an industry source and LSEG data.