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Iranian oil tanker burns for third day after collision off China coast

AtankercarryingIranianoilthatcollidedwithaChinesefreightshipintheEastChinaSeawasstillonfireonTuesdaymorning,theChinesegovernmentsaid,asdozensofrescueboatsstrugg

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US aims to open nearly all offshore waters to oil drilling

TheTrumpadministrationonThursdayproposedopeningnearlyallUSoffshorewaterstooilandgasdrilling,amoveaimedatboostingdomesticenergyproductionthatsparkedprotestsfromc

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US moves to reverse regulations for offshore oil drilling

TheUSgovernmentonFridaypublishedproposednewregulationsonoffshoreoildrillingthatwouldreversesafeguardsputinplacefollowingtheDeepwaterHorizonenvironmentaldisaster

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China restates strong stance against UN resolution breaches

ChinahasreiterateditsfirmstanceonstrictlyadheringtoUNresolutionsandwillseverelypunishanyviolations,aspokeswomanforChina’sMinistryofForeignAffairssaidonFriday.Hu

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Unknown gunmen attack oil pipeline in eastern Libya

UnknowngunmenonTuesdayblewupanoilpipelineineasternLibya,causingapossibledropofcrudeoilproductionof70,000to100,000barrelsperday,accordingtothestate-ownedNational

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UN to vote on new DPRK sanctions targeting oil

TheUNSecurityCouncilwillvoteFridayonaUS-draftedresolutionrampingupsanctionsontheDemocraticPeople'sRepublicofKorea(DPRK)byrestrictingoilsuppliesvitalforPyongyang

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OPEC, partners agree oil cut extension to end of 2018

OPECanditspartnersagreedonThursdaytoextendoiloutputcutsofabout1.8millionbarrelsperday(bpd)untiltheendof2018.Thedecisioncamewithinanalysts'expectationthoughRussi

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One-billion-tonne conglomerate oil field discovered in China's Xinjiang

AnoilcompanyannouncedThursdaythatithadfoundaconglomerateoilfieldwithanestimatedone-billion-tonnereserveintheJunggarBasininXinjiangUygurAutonomousRegion.Theoilfi

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Exxon Mobil chief revamps refining, chemical operations : spokeswoman

ExxonMobilCorpChiefExecutiveDarrenWoodsisreorganizingthecompany’srefiningandchemicaloperations,partofapushtoboostprofitsamidvolatileoilandnaturalgasprices,aspok

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London buses to be powered by coffee

WastecoffeegroundswillbeusedtohelppowersomeofLondon'sbusesfromMonday,ithasbeenrevealed.Abiofuelcreatedbyblendingoilextractedfromcoffeewastewithdieselistobeadded

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Saudi energy minister optimistic about oil supply

SaudiArabia’senergyministersignaledonThursdayareadinesstoincreaseoiloutputcutswhenOPECmeetsattheendofNovemberonwhethertoextendcapswellinto2018,sayingtheworldwil

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China, Russia plan a joint petrochemical project in China

China'senergyconglomerateChinaEnergyCompanyLimited,orCEFCsignedwithRussia’soilgiantRosneftonFridaytoplanapetrochemicalprojectinChina,afurthersteptodeepenthecoop

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Trump: Aramco IPO listing on NYSE important to the US

USPresidentDonaldTrump,whoarrivedinJapanonSunday,saidhespokewiththeKingofSaudiArabiaaboutlistingnationaloilcompanySaudiAramco’ssharesinNewYorkandthat“theywillco

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Saudi crown prince favors extending OPEC production limits

SaudiArabia’scrownprinceonSaturdaysaidhiscountrysupportsextendinganagreementbymajoroilproducerstolimitoutputbeyondnextMarch.CrownPrinceMohammedbinSalmansaidthat

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Noble Group to sell oil liquids unit to Vitol, flags $1.2 billion loss

StrugglingcommoditiestraderNobleGroupagreedtosellitsAmericas-focusedoiltradingbusinesstoVitolforabout$580millionaspartofadebt-cuttingstrategy,andwarnedofabiglos

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Oil prices rise on tightening supply, strong demand

OilpricesroseonMondayoversupplyconcernsintheMiddleEastandastheU.S.marketshowedfurthersignsoftighteningwhiledemandinAsiakeepsrising.BrentcrudefuturesLCOc1,theint

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Saudi Aramco denies shelving international IPO

SaudiArabianOilCompany(Aramco)onSaturdaydismissedreportsthatitwasconsideringshelvingplansforaninternationallisting,withthestate-ownedoilgiantsayingitwasontrackf