Crude futures rose for a third straight session with tensions in Iran keeping a bid in the market.

The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping in 1914.

Two weeks ago, Colombia’s state oil and gas operator, Ecopetrol, reported five attacks on two major pipelines. According to Bloomberg, there have been at least 14 attacks on oil pipelines in Colombia since late August after talks between the guerilla ...

Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices in 2020.

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. MIDLAND, TX - JULY 29: President Donald Trump speaks to city officials and employees of Double Eagle Energy on the site ...

The cost of developing new oil projects has increased due to inflation and supply chain challenges, but breakeven prices are still below current oil prices. Tight oil and offshore projects offer the most competitive costs, while oil sands remain the most ...

After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard announced Sunday evening that the offshore well blowout — first reported on April 26 — has been controlled. The well had been ...

President Donald Trump has issued a new executive order to protect Venezuelan oil revenue from judicial proceedings