North American oil stocks shot higher Wednesday, rebounding from early-session declines with a rise in oil futures after President Trump paused his recently imposed tariffs on most countries.

It was that network of oil lines that suffered a massive spill in 2015, when the Santa Ynez unit was owned by another company. That spill occurred when a corroded pipeline ruptured and released an ...

On Friday, the Trump administration ordered his oil-trading company to leave the South American country. Global Oil Terminals, part of a Florida conglomerate owned by Sargeant, lost authorization ...

SANTA BARBARA, Calif. — In an action cheered by state environmentalists, the California Coastal Commission has voted to fine a Texas-based oil firm $18 million for failing to obtain necessary ...

By 2019, Exxon and its partners, US oil company Hess and China-headquartered CNOOC, had started producing the fossil fuel. They now pump around 650,000 barrels of oil a day, with plans to more ...

State oil company Saudi Aramco cut the May official selling price (OSP) for flagship Arab Light crude by $2.30 to $1.20 a barrel above the average of Oman and Dubai prices, a pricing document from ...

It also took a $10 million charge against assets in Gabon – ahead of an agreement, announced on Monday, to sell its entire Gabonese portfolio Gabon Oil Company, which is owned by the government ...

(the "Company") announced today that it closed on the sale of approximately 8,800 acres of oil & gas interests located in Elk and Cameron Counties, Pennsylvania for $10 million dollars.

The spill released an estimated 3,500 barrels, or 147,000 gallons of oil, onto farmland. The company said 700 barrels, or 29,400 gallons, have been recovered so far. More than 200 workers are on ...