Proceeds from Russia's mineral extraction tax for crude oil production, its largest tax item, may ​almost double in March due to the global ‌price rally provoked by the conflict in the Middle East, ...

Discover how steam-assisted gravity drainage (SAGD) revolutionizes heavy oil extraction by making deep oil reserves accessible and economically viable.

The Trump administration temporarily lifted sanctions on Russian oil “stranded at sea” Thursday in an effort to contain skyrocketing energy prices due to Iranian threats against tanker ships. Treasury ...

Global oil prices traded around the $100-a-barrel level Friday, shrugging off the Trump administration’s earlier decision to ...

A coalition of climate advocacy organizations filed a lawsuit Monday against the New Mexico Energy, Minerals and Natural ...

The US has expanded a temporary sanctions waiver on the purchase of stranded Russian oil from India alone to all countries worldwide as part of ongoing efforts to ease pressure on global energy prices ...

Here's what experts have to say about why oil futures prices have such an immediate effect on retail gasoline prices in Florida and other states.

Since American and Israeli missiles began striking Iran, global oil prices have jumped sharply. The conflict has resulted in the disruption of tanker traffic through the Strait of Hormuz, which ...

A U.S. military refueling aircraft crashed in western Iraq on Thursday, in an incident U.S. Central Command said involved ...

Washington | Amid rising oil prices, the Trump administration has announced a temporary authorisation to other countries to purchase Russian oil currently stranded at sea, as there were no immediate ...

In recent years, with the continuous development and depletion of conventional oil and gas reservoirs, the exploration of unconventional oil and gas has gradually become a new hot spot and challenge ...