The Latest Breaking News from Oil

Nigeria's long-awaited Dangote refinery has begun producing diesel and aviation fuel, the company said on Saturday, after years of delays. The plant, the largest of its kind in Africa, is expected to supply not only Nigeria but other countries in West Africa – potentially transforming the region's oil trade.

When it comes to longer term economic impacts of the Red Sea crisis: The "most honest answer" experts can give is "I have no idea” at this point, Unlimited's Bob Elliott told Fortune.

This content discusses a campaign event involving Ron DeSantis and protestors accusing him of being a climate criminal and questioning his financial ties t...

Discover how Iran is skirting U.S. sanctions and smuggling large amounts of crude oil to China through the Dark Fleet or Ghost Armada of tankers.

The new fee is intended to encourage the oil and gas industry to lower emissions of methane and thereby avoid paying.

February WTI crude oil (CLG24 ) on Friday closed up +0.66 (+0.92%), and Feb RBOB gasoline (RBG24 ) closed up +0.60 (+0.28%). Crude oil and gasoline prices Friday climbed to 2-week highs and settled moderately higher. Crude prices rose on an escalation of geopolitical risks in the Middle East after...

Cerutti, Botturi, and Tarres are still the top three, but what Botturi thought was going to be another stage win ended differently after penalties were assessed

Oil and natural gas companies would have to pay a fee for methane emissions that exceed certain levels under a new rule proposed by the Biden administration

Despite diverting supplies from the Suez Canal, tensions in the Red Sea have so far had a muted impact on energy prices.

Venezuela is putting an end to the petro cryptocurrency that President Nicolas Maduro launched six years ago to sidestep US sanctions, but which never took off and became embroiled in a graft scandal.

Hydrogen will play a role in weaning us off fossil fuels. It can be used to power trains, planes and HGVs, as well as being a low-carbon alternative to coke in steelmaking and a way to warm our homes.