bp plc discovered oil at the Far South prospect 120 miles off the coast of Louisiana in deepwater Gulf of Mexico.

BP has made an oil discovery at the Far South field in the U.S. Gulf of Mexico, it said on Monday, as the energy major seeks ...

Developers are creating ways to improve diesel emissions and fuel economy while also meeting alt-fuel equipment needs.

The fire broke out at the oil refinery in the Komsomolsk-on-Amur region of Russia, with reports of a column catching fire at ...

Oil prices fall sharply as U.S.-China trade war escalates By Investing.com - Apr 10, 2025 Investing.com-- Oil prices fell Thursday, handing back some of the previous session's sharp gains on concerns ...

Reuters reports that U.S. refiners will refrain from making any substantial investments in expanding domestic crude ...

Oil prices fall sharply as U.S.-China trade war escalates By Investing.com - Apr 10, 2025 Investing.com-- Oil prices fell Thursday, handing back some of the previous session's sharp gains on ...

WoodMackenzie: A total of 101 out of 410 refineries around the world are at risk of getting shut down over the next decade.

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

The government of Uganda has entered an agreement with Alpha MBM Investments to advance development and construction of the country’s long-planned but delayed first crude oil refinery at Kabaale ...

Troops of the 6 Division, Nigerian Army, have arrested 39 suspected oil thieves and destroyed 18 illegal refining sites in a sustained crackdown against crude oil theft and related crimes in the ...

Troops of the 6 Division, Nigerian Army, have arrested 39 suspected oil thieves and dismantled 18 illegal refining sites in a sustained crackdown against crude oil theft and related crimes in the ...