Federal officials have sanctioned a Chinese oil refinery, as well as an oil storage facility and their owners to cut off ...

Private equity group Carlyle is seeking a buyer for its Colombian oil producer SierraCol for around $1.5 billion, according ...

The sanctions are part of the administration’s “campaign of maximum pressure on Iran,” the department said.

Shell Plc is aiming to begin producing natural gas at Venezuela's Dragon gas field and exporting it to neighboring Trinidad ...

Carlyle Group (NASDAQ:CG) is seeking a buyer for its Colombian oil producer SierraCol for ~$1.5B, Reuters reported Thursday. The private equity firm set up SierraCol in 2020 after buying assets from ...

Chief Executive Mike Wirth lobbied top administration officials including Secretary of State Marco Rubio and Treasury ...

In contrast, hedging was much higher in previous downturns, such as 51.7% in 2020, which provided crucial support during the ...

Crude oil futures edged higher after U.S. government data eased concerns about weakening fuel consumption, as distillate ...

The oil company began drilling recovery wells in a Bucks County neighborhood where jet fuel leaked into the water.

U.S. Energy Secretary Chris Wright recently said that the shale industry in the country could keep pumping more oil even if the price of crude fell to $50 per barrel. M&A has helped to prepare oil ...