The China National Offshore Oil Corporation (CNOOC) has discovered an oilfield in the South China Sea with proven reserves ...

SHENZHEN -- The China National Offshore Oil Corporation (CNOOC) announced on Monday that it has discovered a major oilfield ...

Scientists at Kazan Federal University, in collaboration with two Russian companies, have developed a new catalyst based on iron, nickel, cobalt, chromium, and copper to enhance the extraction of ...

The NYMEX May ULSD contract was down by 2.69cts to $2.2273/gal and the April contract was 2.33cts lower at $2.2614/gal. The front-month contract is up by about 0.5% week to week.

Here's how to check the six essential fluids in your car. After fuel (unless you have a fancy EV), oil is your car's most ...

"Copper is the new crude oil," said Phil Flynn, senior market analyst at the Price Futures Group. It's probably "more important to the U.S. economy right now than oil," he added, calling it the "new ...

The Indian company was the only one to bid on chartering a production storage and offloading vessel, known as an FPSO, for ...

US President Donald Trump announced Monday that any country that buys oil or gas from Venezuela will be hit with 25 percent ...