The report comes amid a wave of U.S. military strikes against alleged Venezuelan drugs boats—killing dozens this year.

Dick Cheney had many ties to Texas, from roles in two Bush administrations, 5 years as CEO of Halliburton and a quail hunting accident.

Amin Nasser, CEO of Aramco, sits down with CNBC’s Sara Eisen to discuss oil demand, how the company is looking to diversify its business, and much more.

Ukraine’s navy says it has struck an “elite” Russian special unit located on a Black Sea oil rig. An anti-tank missile crew was killed in the strike and reconnaissance equipment was destroyed at the Syvash drilling rig, near Russian-occupied Crimea, the naval forces said in a Telegram post.

Oil prices were little changed early on Tuesday as markets weighed OPEC+'s decision to pause output hikes in the first quarter even as concerns over a looming supply glut persisted.

A North Sea oil field has reached its landmark 50th anniversary. The Forties field - which was one of the most important in the establishment of the industry in the area - was inaugurated in Aberdeen by Queen Elizabeth II on 3 November 1975.

U.S. August oil production increased by 86 kb/d to 13,794 kb/d, another new high. Texas production has rebounded since the weather-related January 2025 drop. August’s production is essentially the same as October 2024.

Simply Sunflower's cold-pressed oil process preserves nutrients that RFK Jr.'s "Make America Healthy Again" anti-seed oil campaign overlooks.

The vehicles, which have been specially adapted, are being fuelled by hydrotreated vegetable oil (HVO). The fuel is made up from biomass materials, including recycled cooking oil, fats, greases and vegetable oils. Highland Council said HVO was being used as a direct replacement for white diesel.

China's Sinopec , the world's biggest refiner by capacity, signed an agreement with South Korea's LG Chem on Tuesday to jointly develop sodium-ion battery materials, in its first push into new energy and higher-value petrochemicals.

Oil prices fell on Tuesday due to increasing oversupply concerns following OPEC+'s decision to pause supply hikes and the impact of a stronger U.S. dollar.