Here is a look at how U.S. sanctions on Russian oil firms Rosneft and Lukoil, which take effect at 1701 GMT on Friday, may ...

The Trump administration is proposing new oil drilling off the California and Florida coasts for the first time in decades, ...

Thursday’s announcement by Reliance Industries that it had stopped importing crude oil from Russia was a seemingly ...

A plan to expand oil and gas drilling, including seven areas in the Gulf of America off Florida, has been released by the ...

China is importing unusually large quantities of crude oil from Indonesia, a trend traders say is a way to mask shipments of ...

Even after years of technological breakthroughs, the shale industry still leaves most of the oil underground. At best, ...

If the Bureau of Ocean Energy Management has its way, a huge swath of the Eastern Gulf, long considered off limits, will be ...

A Treasury Department analysis indicates that new U.S. sanctions on Russian oil producers have sent prices there tumbling, ...

Treasury Secretary Scott Bessent has said oil and gasoline prices are "down substantially under President Trump," and could ...

The United Nations climate talks in Brazil crossed into Saturday after negotiators failed to reach agreement by the official ...

The US government jolted energy markets when it announced sanctions on Russia’s two biggest crude oil producers on Oct. 22.

The plan has been met with strong opposition from California Gov. Gavin Newsom and is likely to draw bipartisan pushback in ...