The Latest Breaking News from Oil

Nearly a year after Russia invaded Ukraine, the Kremlin risks a massive revenue shortfall as the price of each barrel of oil it can sell on the world market falls dramatically.

Professor Irene Tracey said oil companies want to move to clean energy in order to survive.

The federal government today proposed new rules to regulate greenhouse gas emissions from Australia’s polluting industrial sector. The rule changes apply to a measure known as the “safeguard mechanism”, and are supposed to stop Australia’s top 215 emitters, such as new coal, oil and gas projects, from emitting over certain…

Salads don’t have to be boring, says food writer Fi Buchanan. Just keep them fresh, nutritious and seasonal, like these four recipes to enjoy in January

Oil edged lower on Tuesday on expectations that further interest rate hikes in the United States, the world's biggest oil user, will slow economic growth and limit fuel demand. Brent futures for March delivery fell 43 cents to $79.22 a barrel, a 0.5% drop, by 0522 GMT.

THE energy crisis has underscored the "imperative" for Scotland to shift away from oil and gas and accelerate the transition to net…

The Environmental Protection Agency announced Monday that it has reached an agreement with a pipeline operator to clean up a spill that dumped 14,000 bathtubs’ worth of crude oil into a rural Kansas creek

Pulled from a one-owner 2009 Toyota Camry with a manual transmission, it burns a quart of oil every 150 miles.

PM aims to further restrict right to demonstrate by giving police powers to tackle fuel protesters’ latest tactic