An outline of the truth about the strategic petroleum reserve, its history, and the recent controversial events from the ...

The Iraqi Oil Ministry aims to transform Iraq into an exporter of oil products by expanding refining projects.

The government has expanded the country's oil reserves to 100 million barrels as part of efforts to boost its response ...

The move restores a 2020 plan issued in Trump's first term that opened much of the 23-million-acre petroleum reserve to drilling.

WASHINGTON — On Tuesday, the White House announced that a group of countries agreed to release 60 million barrels of crude oil from their combined reserves; half will be contributed from the United ...

Marathon Petroleum Corporation (NYSE:MPC) is one of the one of the stocks Jim Cramer was bullish on due to share buyback activity.

The Federal Government on Wednesday flagged off the Enterprise Content Management System (ECMS) at the Ministry of Petroleum Resources. The initiative is aimed at promoting faster work processes, ...

President Trump said Wednesday that Venezuela must pay for the oil assets previously seized by the South American nation, as ...

While Occidental Petroleum believes the sale of OxyChem will put the company in a stronger position to grow shareholder value in the future, it doesn't have a firm action plan. ConocoPhillips, on the ...

EU imports of petroleum oils fell sharply in the first nine months of 2025, while purchases of liquefied natural gas surged, ...

In recent weeks, people all over the world and certainly in the U.S. have felt the supply shock of oil disruptions. Gasoline prices have reached levels unseen in the U.S. since 2014, with the ...