The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...

At least one Norwegian shipping company is ready to chance a voyage through the Red Sea. Champion Tankers’ 47,200-dwt ...

Photos obtained by CBC News reveal the extent of the damage to an important oil terminal in Newfoundland and Labrador after a ...

Chevron is speeding up its expansion of Kazakhstan's Tengiz oilfield, two sources familiar with the plans told Reuters, raising its output to around 1% of global crude supply.