The levies on FO also impact local oil refineries, as they now face a shortage of buyers for the FO they must produce.

This comes after the California Energy Commission sent a letter of recommendations to ensure there's adequate fuel supplies.

Nigeria’s Minister of State for Petroleum Resources (Oil) Senator Heineken Lokpobiri, has reaffirmed the country’s push to attract more strategic investments into its oil sector, positioning Africa’s ...

We're living in a moment where the administration and Congress and the courts are aligning, for once,” said Sen. Kevin Cramer ...

The New Patriotic Party’s (NPP) Minority Caucus in Parliament has accused the Mahama administration of alleged dishonesty and disingenuousness ...

Mexican authorities report seizing 4 million gallons of stolen fuel from two abandoned trains in Coahuila state ...

U.S. stocks closed lower after President Donald Trump said in social media posts he sent letters to Japan and Korea notifying them that their tariffs would be 25%, The tariffs will be levied beginning ...

Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...

The Trump administration on Monday wound down a license allowing shipments of liquefied petroleum gas (LPG) to Venezuela's ...

The U.S. is leading a revival of exploration and drilling in the Western Hemisphere.

Oil Majors BP and Shell agreed with Libya's National Oil Corp (NOC) to conduct studies for hydrocarbon exploration and ...

Anadarko Petroleum Corp. has let contracts to Valaris Ltd. for drillships in the Gulf of Mexico.