Venezuela is creating a digital currency to combat a financial blockade by the United States, President Nicolas Maduro announced Sunday.
The Keystone pipeline will resume oil deliveries on Tuesday after being shut down because of a leak in South Dakota, its operator TransCanada announced Monday.
It sounds cliché, but things do get worse before they get better when oil and gas lines are being cleared of contaminants, according to Rice University researchers. Until now, nobody knew exactly why.
Oil company Shell has signed an agreement to buy electric vehicle charging firm NewMotion. It did not disclose terms.
A prestigious scientific organization on Wednesday called for more frequent and better inspections of freight railroad tracks to prevent potentially catastrophic oil and ethanol train crashes.
While the policy debate surrounding crude oil transportation costs has emphasized accidents and spills, a new study by Carnegie Mellon University and University of Pittsburgh researchers indicates the debate is overlooking ...
Using X-ray techniques, scientists are developing an analysis tool that can more accurately predict how sulfur compounds in a batch of crude oil might corrode equipment– an important safety issue for the oil industry.
OPEC's effects on the world economy extend far beyond prices consumers see at the pump, says new research from Duke University, KU Leuven and UCLA.
For climate reasons as much as economic prudence, Norway is trying to cut its dependence on oil, a godsend that has made the small Scandinavian country rich beyond its dreams—which is exactly what makes it hard to pass ...
Oil and gas will remain central to the world's supply of energy for decades to come, despite a surge of interest in renewables, the chief executive of giant producer Saudi Aramco Amin Nasser said Monday.