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 ...

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 ...

February 27, Fineko/abc.az. The Ministry of Energy of Azerbaijan and the Ministry of Petroleum & Mineral Resources of the Federal Republic of Somalia have signed a Memorandum of Understanding on ...