Senator Jeff Merkley has questioned Trump's Venezuela oil deal, explaining the heavy tar-like crude requires expensive ...

Trump said the US will “run” the country until safe leadership is installed. That same day, Venezuela’s Supreme Court installed Delcy Rodriguez – who oversees the country’s state-run oil company, ...

At present, oil extraction in the United States sits at record levels of roughly 13.2 million barrels per day. No wonder oil is so expensive. Wait, what’s that you say? U.S. extraction at record ...

Colorado and Utah have as much oil as Saudi Arabia, Iran, Iraq, Venezuela, Nigeria, Kuwait, Libya, Angola, Algeria, Indonesia, Qatar and the United Arab Emirates combined. That's not science fiction.

Oil forms when organic material – the remains of living things – gets compressed and heated under layers of sediment. Some social media users are claiming this process occurs as quickly as the ...

The share of oil and gas in Russia's federal budget is projected to continue its decline, with long-term forecasts predicting ...

Google on Tuesday said it is no longer building custom AI or machine learning tools that help oil and gas companies extract fossil fuels, breaking with Amazon and Microsoft in a big win for ...

A series of more than 100 small earthquakes in Surrey in 2018 and 2019 might have been triggered by oil extraction from a nearby well, suggests a new study. A series of more than 100 small earthquakes ...