China told its independent refineries to disregard U.S. sanctions over their purchases of Iranian crude.

Former owner Galton Blackiston has been replaced - but supporters point out Norfolk hotspot Morston Hall's Michelin star was reconfirmed jus...

Equinor has extended $1.8 billion worth of drilling and well services supplier contracts as the Norwegian energy major looks to keep high oi...

In a major escalation of trade tensions between Washington and Beijing, China's Ministry of Commerce (MOFCOM) has formally invoked its 2021...

The move comes just days after the Gulf nation broke with OPEC and OPEC+, citing the need to gain more flexibility over oil output...

President Donald Trump may soon feel the need to "blockade" U. S. crude oil exports after those exports hit a record high recently, a trend...

Oil prices rallied again on Monday morning after Iran’s Fars news agency reported that two missiles struck a U.S. Navy vessel near Jask Isla...

The Treasury Department warned it would target those doing business with Chinese "teapot refineries," which handle Iranian crude.

We're seeing the first tremors of a similar earthquake now in Asia. More than 80% of the oil and gas that passes through the Strait of Hormu...

The Iranian Armed Forces on Monday warned the U.S. it would attack forces that intend to approach or enter the Strait of Hormuz, after U.S....

Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s Analytics’ head of international e...

A Russian tanker carrying crude from Sakhalin Island is set to arrive in Japan today in the latest sign energy-strapped importers are intent...

Sanae Takaichi makes comments during a visit to Australia, where she signs agreements on energy supplies.

The departure poses a formidable test for ​the first royal Saudi oil minister whose style has shifted from diplomacy to increasingly unilate...

Shares are mixed in Asia after U.S. stocks set more records, powered by strong profits for major companies