This is read by an automated voice. Please report any issues or inconsistencies here. L.A. County is suing four oil companies for allegedly failing to plug at least 227 idle wells in the Inglewood Oil ...

Texas is about to deploy a potential solution to the oil industry’s toxic wastewater problem — but it’s a move that carries environmental risks of its own. State regulators are working to issue ...

Venezuela’s oil production has collapsed under years of mismanagement and U.S. sanctions, leaving the country reliant on shadow fleets and limited foreign partners. The Trump administration’s ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Most investment banks and the EIA forecast that average oil prices will fall ...

Skip York does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...

The South American country increasingly at odds with the Trump administration has the world’s largest oil reserves. Note: Data shows estimates of proven oil reserves for 2025. Source: Oil & Gas ...

White House press secretary Karoline Leavitt said the U.S. plans to take control of the oil currently on a tanker off the coast of Venezuela that was seized by U.S. forces Wednesday. Trump "talks a ...

KYIV, Dec 12 (Reuters) - Ukrainian drones struck two Russian oil rigs in the Caspian Sea, an official in the Security Service of Ukraine (SBU) said on Friday. The source said SBU drones hit the ...

Annual oil and gas revenue to fall short of budget projection Returns hit by cheaper crude and stronger rouble Oil and gas accounts for a quarter of federal budget proceeds MOSCOW, Dec 12 (Reuters) - ...

Ukraine struck an oil tanker belonging to Russia’s so-called shadow fleet in the Black Sea on Wednesday, according to an official in the Security Service of Ukraine (SBU). A Ukrainian security source ...

The tanker was headed eastward and had recently carried Iranian oil. The seizure is an escalation in President Trump’s military pressure campaign against Venezuela’s leader, Nicolás Maduro. By Edward ...

Oil producers’ group OPEC+ maintained its plan to keep crude output levels unchanged until March 2026 at its latest meeting on Sunday, as market fears over a potential supply glut continue to persist.