U.S. oil producer Continental Resources estimates there is a shale oil reserve of 6.1 billion barrels in Turkey’s southeastern Diyarbakir Basin, the Turkish energy minister said. Continental Resources ...

The Oil Ministry has signed contracts with ONGC and Ol India (OIL), for a cumulative 20 blocks out of the 28 auctioned in the ninth bidding round of the Open Acreage Licensing Policy (OALP ...

Africa Oil completed its full takeover of Prime, previously a 50-50 venture with BTG Oil & Gas, while the partner has acquired 35.5 percent of the enlarged Africa Oil. Image by Kenstocker via ...

Using the correct type of oil is equally important. If your 6.7 Power Stroke is a workhorse like most diesel trucks, Ford suggests Motorcraft 5W-40 fully synthetic oil regardless of the ambient ...

These high-tech mills run thinner oil because it contributes to lower emissions, which helps automakers meet ever tightening regulations. As for efficiency, that's simple. Heavy oils are thick ...

Energy Secretary Chris Wright plans to seek up to $20 billion to accomplish President Donald Trump’s goal of refilling the nation’s depleted oil reserve to its maximum capacity. The initiative ...

LAGOS, Nigeria—Africa’s richest person, industrial titan Aliko Dangote, has a lofty goal: He wants to become Nigeria’s John D. Rockefeller, using his wealth to transform his homeland. His ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on products from Canada and Mexico. By Rebecca F. Elliott Oil and gas ...

However, if your car normally requires the use of 5W-20, it's dangerously low on oil, the only motor oil you have available is 5W-30, and you must drive it, it's better to add the 5W-30 than it is ...

The Biden administration is attempting to implement last-minute restrictions on oil and gas drilling in the west just weeks before President-elect Donald Trump's inauguration. On Monday ...

Goldman Sachs predicts that oil prices could fall about 20% to the low $60s by the end of 2026. The analysts point to Trump's proposals for tariffs, posing demand risks in an already oversupplied ...