The Phillips 66 Los Angeles Refinery could be a test case for how the state and local governments should handle refinery ...

Saudi Arabia's biggest domestic oil refinery hit by Iranian drone strike - Oil and gas output across the Middle East has been ...

The US military said Kuwait mistakenly shot down three American jets over the Gulf; Oil production facilities have been struck or shut down. Follow updates here.

Israel launched a new wave of strikes on Tehran and Iran responded with more missile barrages. Iran has said it has closed navigation through the Strait of Hormuz, prompting Asian governments and ...

Brent jumped by as much as 13% to above US$82 ($104.38) a barrel at the open on Monday, and oil markets are now bracing for ...

Iran sits on one side of the Strait of Hormuz — the shipping lane for about a fifth of the world’s crude from key suppliers ...

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Nigeria's Federal Government has revised the executive order on oil revenue remittance, adjusting how royalties and taxes are collected and paid.

The US State Department urged US citizens to depart immediately from countries throughout the Middle East “due to serious safety risks.” Follow for live coverage.

Iran produces 3% of global oil but controls the Strait of Hormuz, carrying one-fifth of global crude — giving it significant leverage over energy markets. Tankers are avoiding the strait and shipping ...

President Donald Trump’s decision to strike Iran creates new risks for a significant chunk of the world’s oil supply.