One-fifth of the global oil supply and substantial amounts of natural gas travel through the Strait of Hormuz, which has become a no-go zone for many tankers as fighting continues.
The Strait of Hormuz is one of the world’s most important economic chokepoints, and it has just been closed off by the conflict in Iran.
The STRATOS project in Ector County is in the final stages of startup, with Phase 2 commissioning beginning soon.
The U.S.-Israel war on Iran has disrupted oil and natural gas exports from the Middle East and forced production stoppages ...
In 1996, after gaining permission from the Greek government, Hale and De Boer made their first expedition to Delphi. They ...
Indonesia will increase crude oil imports from ​the United States to replace some supply from the Middle ‌East amid an ...
The Iran war is renewing concerns about the strategically vital Strait of Hormuz. A prolonged closure could sharply drive up oil prices, experts said.
US supplies of gasoline are being shipped out of the country to travel thousands of miles via the Bahamas before finally ending up in California, a state battling shrinking fuelmaking capacity and ...
In this day and age of clicking on the computer and other forms of instant satisfaction, long-term seems to have become a long-lost skill set when it comes to investing. Many saw Warren Buffett ...
(Bloomberg) --Arko Petroleum Corp., the fuel wholesaler subsidiary of convenience store firm Arko Corp., raised $200 million in an upsized initial public offering that priced at the bottom of a ...
Select an option below to continue reading this premium story. Already a Honolulu Star-Advertiser subscriber? Log in now to continue reading. Once formed, petroleum does not stay put. It slowly seeps ...
Chevron has signed an initial agreement to start working in Syria, weeks after the Syrian government seized control of key oil and gas fields in the north of the country. By Christina Goldbaum ...