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, ...

'Imposing an oil severance tax, as other states do, could bring in approximately $1.5 billion annually to California's coffers,' writes an L.A. Times reader.

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 ...

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

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.

The efforts to mitigate an global oil shortage did little to dampen the rise in crude prices ...

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 ...

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 ...

Report by Global Oil and Gas Extraction Tracker says it took less than five years for fields to come online between 1960 and ...