The Latest Breaking News from Oil

Rising gas and oil prices have plunged Europe into its worst energy crisis in decades. France has been hit hard, but perhaps not for the reasons you would expect. Nuclear and hydroelectric power, the country's main sources of electricity, are both running out of steam. Has the French energy mix…

Basketball star Ms Griner was sentenced in August to nine years for possessing and smuggling drugs after cannabis oil was found in her luggage at Moscow’s Sheremetyevo Airport

THE UK Government is being urged to ditch a fossil fuel protectionist treaty hated by Scots ahead of a key meeting next week.

It’s a miracle that any one of us is alive today. Those with the power to grant that miracle to future generations chose not to, says Guardian columnist George Monbiot

Thousands of workers at a Russian-owned oil refinery in Sicily have protested the facility's possible closure as Europe imposes a full embargo on Russian oil starting next month

Leading Oil & Gas company Valero Energy (VLO) seems well-positioned to benefit from its refinery optimization projects, strong energy demand, and outlook for high oil prices. Moreover, the stock is trading above its 50-day and 200-day moving averages, indicating an uptrend. Given its financial strength, promising growth prospects, high-yield dividend…

Britain's maritime agency said a drone circled a ship in the Gulf of Oman on Friday. The Maritime Trade Operations (UKMTO) said the incident took place about 50 miles southwest of Muscat, according to Reuters. Earlier on Tuesday, an attack took place on an oil tanker off the coast of…

The United Nations announced that it will begin unloading the floating Safer oil tanker off the Yemeni coast of Hodeidah in early 2023.

Major real estate firm Mitsubishi Estate Co. and plant operator JGC Holdings Corp. have reached a basic agreement to cooperate in the collection of waste cooking oil for use in producing sustainable aviation fuel (SAF), which has been touted as a means to significantly reduce carbon dioxide emissions, it has…

Growing up, Nigerian artist Oluwajuwonlo Adeyemi saw her mother discard large plastic kegs of cooking oil she used for her catering business in Lagos.

The U.S. declaration that Saudi Arabia's crown prince should be considered immune from a lawsuit over his role in the killing of a U.S.-based journalist breaks from Joe Biden's campaign denunciations.