The rapidly-growing sinkhole in Upton County is the latest of many problems caused by old wells in the Permian Basin.

Industry executives revealed that offers for discounted Russian oil have surged as the March booking window for April-loading Urals cargoes opens later this week, according to the report. This ...

US sanctions on Russia’s oil tanker fleet are showing signs of faltering, after a clutch of blacklisted vessels loaded cargoes for the first time in more than a year to drive up the country’s ...

US sanctions on Russia’s oil tanker fleet are showing signs of faltering, after a clutch of blacklisted vessels loaded cargoes for the first time in more than a year to drive up the country’s crude ...

NEW YORK, March 11 (Reuters) - Oil prices settled slightly higher on Tuesday, helped by weakness in the dollar, but gains were capped by mounting fears of a U.S. economic slowdown and the impact ...

Russian oil offers to India surged as the April-loading Urals cargo booking window opens,. India's Russian oil imports dipped in February due to US sanctions on tankers, but confidence is improving.

Add offensive tackle to the key list of positions of need for the San Francisco 49ers. The 49ers will have a new hole at offensive tackle after a key reserve agreed to a new deal with the Kansas ...

Baghdad (IraqiNews.com) – The Iraqi Ministry of Oil said on Monday that a deal was signed with British Petroleum (BP) to develop four oilfields in the northern Iraqi province of Kirkuk.

Meanwhile, preliminary analysis indicates substantial oil and gas volumes, reinforcing the field’s commercial potential. Further evaluations, including formation testing and well data ...

West Texas Intermediate crude oil futures fell to fresh six-month lows around midday Thursday, on track to drop for a fifth consecutive session, after U.S. Commerce Secretary Howard Lutnick hinted ...