The Latest Breaking News from Oil

Prominent energy company Valero Energy (VLO) delivered a strong performance in its last reported quarter. Moreover, constrained supplies and soaring demand for oil and gas have created tailwinds for the energy sector. Therefore, this energy stock could be a solid buy now to garner significant returns in the future. Read…

Türkiye’s Energy Ministry said on Tuesday that Iraq had been ordered by the International Chamber of Commerce (ICC) to pay compensation to Ankara in a longstanding arbitration case related to oil exports from northern Iraq via Türkiye. The Turkish energy ministry statement was released after Iraq's oil ministry said on…

Researchers believe egg was used by likes of Botticelli and Da Vinci for fine-tuning of oil paint properties

Proteins have previously been detected in many of their paintings.

Oil production in Iraq's semi-autonomous Kurdistan region (KRI) is at risk after a halt in northern exports has forced firms operating there to cease output or divert crude to storage, where capacity is limited. Iraq was forced to halt around 450,000 barrels per day (bpd) of crude exports, or half…

The oil tanker Turba normally should have been melted down by now.

RSPB sounds alarm over Arne peninsula, one of UK’s most heavily protected natural areas

Motorists have been warned to shop around early to avoid paying above $2 a litre at the pump in the lead up to Easter long weekend.

California lawmakers on Monday approved Gov. Gavin Newsom's legislation to increase transparency in the oil industry, in the final hours of a special session he called last year to penalize excessive profits.

California lawmakers have approved the nation's first penalty for price gouging at the pump

National oil and gas conglomerate PTT Plc is negotiating with more than five companies to form joint ventures, mergers or acquire assets under a plan to further develop new businesses, notably those related to future energy.