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

MIDLAND COUNTY, Texas—Perched in the control room of a Chevron CVX0.43%increase; green up pointing triangle rig, an operator steered a drilling bit thousands of feet under the arid surface of the ...

Total crude oil production from the OPEC+ alliance fell by 439,000 barrels per day in January, primarily driven by a significant drop in output from Kazakhstan. Kazakhstan’s production plummeted after ...

The Organization of the Petroleum Exporting Countries kept its forecasts for global oil-demand unchanged and said production from the wider OPEC+ alliance fell last month amid losses in Venezuela, ...

The U.S. Treasury Department on Tuesday issued a general license to facilitate the exploration and production of oil and gas in Venezuela, a long-awaited step that could help increase output in the ...

A small oil painting depicting a Diet Coke and a partially eaten sandwich recently sold for $5,500. The sale joins a growing set of modestly sized paintings focused on everyday food that have reached ...

To learn more about the CNBC CFO Council, visit cnbccouncils.com/cfo Venezuela will need massive foreign investment and years of infrastructure rebuilding to lift ...

Flaring lit up parts of the Houston Ship Channel late Sunday and into Monday morning as Arctic air pushed into Southeast Texas, sending temperatures below freezing and disrupting refinery operations.

In its latest STEO, the EIA projected that total U.S. crude oil production will drop in 2026 and 2027. In its latest short term energy outlook (STEO), which was released on January 13, the U.S. Energy ...

AUSTIN Statewide and county crude oil and natural gas production for October 2025 reported in the tables below came from 157,228 oil wells and 84,019 gas wells, a press release detailed. The RRC ...