Exxon Mobil said the U.S. government has allowed it to wind down activity on a Russian Arctic drilling well that has been a target of U.S. sanctions.» Read More
The Middle East and other oil-producing countries are hotbeds of instability. So why is oil falling instead of rising?
July retail sales likely took a hit from falling gas prices, but the drop could mean more spending power during back-to-school shopping season.
Kinder's $44 billion deal isn't part of a trend, but the basic story behind infrastructure as a play on energy is very much intact.
Drivers often hit with bad weather patterns also get hit with some of the worst fees to operate a car, a new report suggests.
The average driver pays $2,223 annually to operate a car, according to a Bankrate.com report.
The price of a gallon of gas in the U.S. fell in the past two weeks as crude prices have continued a broad decline.
Exxon Mobil began drilling for oil in the Arctic on Saturday in a project with Rosneft, despite sanctions imposed on the Russian company.
Thanks to a mild summer, natural gas is now closer to $3 than the levels above $6 that sent utility bills soaring early this year.
Russia and Iran have yet to agree on details of an oil-for-food deal, highlighting global pressures on both countries.
Pipeline companies are viewed by Wall Street as engines of growth, especially as the oil boom in the U.S. continues.
Ongoing tensions between Russia and Ukraine have shifted opportunities for investors, Franklin Templeton's Katrina Dudley says.
Russia's Energy Ministry said it was withdrawing Minister Alexander Novak's statement on cooperation with Iran on crude oil shipments.
Chinese shipyards are aiming to take some $10 billion in orders for new LNG tankers, part of a plan to restructure its ailing shipbuilding sector.
The Kurdistan Regional Government of Iraq asked a U.S. court to throw out an order to seize some 1 million barrels of disputed crude oil.
Chevron reported second-quarter earnings on Thursday that beat Wall Street's expectations.
An explosion caused by a gas leak killed 24 people and injured 271 in Taiwan's second city, sending flames shooting 15 stories into the air, setting entire blocks ablaze and reducing small shops to rubble.
The average price of gas posted the largest July decline in six years, according to the latest survey by AAA. Here's why.
U.S. oil production continues to boom, and a loophole in a law has allowed the first export of unrefined American oil in decades.
Total stopped buying shares in Russia's Novatek the day of the downing of a Malaysia Airlines flight over Ukraine.
The Bakken, Eagle Ford and Permian Basin are generating more than a million barrels of oil per day each, a third of U.S. daily production.
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