A damaged pipe just north of the lake leaked 2,600 barrels of crude oil in early May, according to a report by the Environmental Protection Agency.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for an 11th week in a row for the first time ...

Indonesia has expanded its oil corruption probe, naming nine new suspects as estimated losses rise to $17.6 billion.

Moving hot oil across Arctic terrain was an unprecedented challenge following the discovery of America’s largest oil field in 1969 in Prudhoe Bay, Alaska.

Greek shipping companies calling at Russian ports are boosting their vessels' defences after a series of mysterious blasts in recent months have damaged tankers linked to Moscow's oil trade according ...

The cost of shipping Middle East crude to customers in Asia collapsed on Thursday, the latest sign of oil markets returning to normal after conflict eased in the world’s top petroleum-exporting ...

Hungary’s largest oil operator MOL Group has taken delivery of a crude cargo from Azerbaijan, the first shipment following an agreement signed earlier this year aimed at boosting imports of ...

Frontline, an operator of oil tankers, remains a volatile but attractive long-term play. Click here to find out why I maintain a bullish stance on FRO stock.

It's only 33 kilometers (21 miles) wide at its narrowest point, but deep enough and wide enough to handle the world's largest crude oil tankers.

The war between Israel and Iran has raised concerns that Iran could retaliate by trying to close the Strait of Hormuz, the world’s most important oil chokepoint due to the large volumes of cr… ...

Tensions have risen in West Asia as Israel-Iran war continues. Six huge oil tankers took a U-turn from the Strait of Hormuz on Sunday.