The Latest Breaking News from Oil

IN the 1970s, the discovery of oil changed the landscape of Scottish politics ...

IN 1969, one of the largest offshore oilfields in the world was discovered off Norway and, suddenly, the country had a lot of product to sell.

While a deal to extract oil has raised hopes in the war-torn nation, experts warn of China’s sketchy record.

Climate action groups are warning some of the nation's biggest emitters face growing increasingly isolated from shareholders and industry groups if they do not act to reduce their carbon output.

Tiwi elder Therese Bourke says she felt like Santos was "sweetening up" community members at consultation meetings last month.

An effort to resurrect Texas’ Chapter 313 tax abatement is underway in the Legislature.

333-metre Maran Lupus calls at Immingham Oil Terminal to deliver crude for refining

The stubbornly high inflation is increasing the likelihood that the Federal Reserve will continue its economically painful monetary policy for longer than anticipated, which could tip the economy into a recession. Despite the uncertainties, quality dividend-paying stocks BHP Group (BHP), Telekom Austria (TKAGY), Global Partners (GLP), and MV Oil (MVO)…

The Minerals Council says carbon credits are essential to manage mining emissions and remain competitive until electrification technology is widely available.