Hollow, pumpkin-shaped molecules can efficiently separate valuable hydrocarbons from crude oil, KAUST researchers have shown.

In 1908,  a German company known as the Nigerian Bitumen Company recorded the first oil prospecting in our nation. The prospecting activities continued ...

Crude oil futures traded higher on Thursday morning after official data showed a decline in US crude oil inventories for the ...

At 419 million bbl, US crude oil inventories are about 9% below the 5-year average for this time of year, the report indicated.

CVX's offshore zinc contamination disrupted Mars crude flows, forcing DOE action and roiling Gulf Coast refiners.

ExxonMobil resumed purchases of Mars crude for August after halting due to zinc contamination concerns, with the U.S. DOE ...

Department of Energy authorized the exchange of as many as 1M barrels from the US Strategic Petroleum Reserve to ease the ...

At 422.2 million bbl, US crude oil inventories are about 8% below the 5-year average for this time of year, the EIA report ...

WTI crude oil futures rebounded to one-week high above $66.70 per barrel mark after weekly data showed a large US crude inventory draw. The US Energy Information Administration (EIA) weekly crude oil ...

The U.S. Department of Energy has authorized the release of 1 million barrels from the Strategic Petroleum Reserve to address ...