The fossil fuel, utilities and transportation sectors are known for speaking as little as possible on the subject of climate change impact– however, they sure will put their money where their mouth is when it comes to lobbying for climate change legislation. For the first time, a Drexel University researcher analyzed lobbying data, finding that these sectors out-lobbied environmental organizations and alternative energy corporations, both proponents of emissions regulation.

Saudi Arabia has rushed to boost oil production under pressure from US President Donald Trump – only to discover that global markets might not need it yet, according to some financial experts. The kingdom’s crude oil output surged the most in three years last month, as the US president demanded his ally’s help in cooling petrol prices and filling in the supply gap that will be created by his sanctions on Iran.

Legislation to address climate change has repeatedly died in Congress. But a major new study says the policy deaths were not from natural causes — they were caused by humans, just like climate change itself is. Climate action has been repeatedly drowned by a devastating surge and flood of money from the fossil fuel industry — nearly $2 billion in lobbying since 2000 alone.

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Tripoli says force will be used if the vessel does not stop loading at an eastern port controlled by separatists.

Hector Gallegos sits in the cab of his pick-up enjoying a few hours of calm. A day earlier, workers finished carting off the huge rig that had drilled three new wells beneath this small patch of south Texas farmland and he’s now getting ready to prime them for production. He reckons that about three weeks from now each will be producing 1,000 to 2,000 barrels a day. “That’s money!” he exclaims with a broad smile.

What began late last year as a routine new assignment for Pakistani sea captain Mirza Noman Baig ended in a dramatic night-time rescue as U.S. special forces seized the ship

Early on the morning of July 6, 2013, a runaway freight train derailed in Lac-Mégantic, Quebec, setting off a series of massive explosions and inundating the town in flaming oil. The inferno destroyed the downtown area; 47 people died.

The hunt for oil is to be halted in Africa's oldest national park in eastern Democratic Republic of Congo, a UK-based oil firm has said.

Massive injections of wastewater from the oil and gas industry are likely to have triggered a sharp rise in earthquakes in the state of Oklahoma.

A large cloud of gray smoke hovered over Williston on Tuesday morning. The North Dakota Department of Health and other agencies are monitoring air quality near the site for any potential threat, according to agency spokesman Tim Wiedrich.

If it is ever built, the Keystone XL Pipeline will exist for one reason: To move Canadian tar sands oil from remote Alberta to refineries in Texas.

China's customs data has shown no exports of crude oil to North Korea in the first seven months of 2014, according to the data compiled by South Korea's government trade agency Saturday, even though bilateral trade was little changed.

Oil prices ended last week in freefall as the world’s largest group of producers from petro-states in the Middle East dithered over whether to cut output

(Reuters) - As oil production swells, demand falters and prices slide, the global oil market appears on the verge of a pivotal shift from an era of scarcity to one of abundance. Oil prices have fallen...

Vietnamese authorities are searching for an oil tanker feared to have been taken by pirates just 40 minutes after it departed Singapore for Vietnam

Global oil prices have fallen again amid worries about slow global growth and reports that key oil producers want to maintain current output levels.

Intervention of Saudi royal may pressure Opec to cut production at its forethcoming meeting to arrest the slide in prices

Saudi Arabia effectively started a global oil price war this month aimed at quickly denting U.S. oil output. Slowing a U.S. drilling boom, however, could take more than a year.

Just a few years ago, authors were predicting production would soon hit a peak and then decline. But since then, supplies have surged. So are the forecasters now slapping themselves in the head?

The bayou state is being washed away. In less than a century, it has lost the equivalent of Prince Edward Island, and the situation is getting worse

Lebanese cabinet decides to drastically restrict entry of Syrian refugees; U.S., allies stage 15 air strikes on ISIS targets in Iraq and Syria; 200 Iraqi Kurds to pass through Turkey to defend Kobani from ISIS.

West Texas Intermediate crude fell to the lowest since June 2012 as Goldman Sachs Group Inc. cut its oil price forecasts. Brent slid for a second day.

BP has already questioned the results of the new study.

One of the world's leading investment banks says the price of the North American oil benchmark is going to fall even further, to $70 US a barrel by next spring.

Dennis Gartman has a new forecast for oil: a lot lower. In an appearance on CNBC's Fast Money on Monday, Gartman, publisher of the Gartman Newsletter, said that crude oil prices will fall demonstrably from current levels. Earlier on Monday, it had been reported that Gartman saw crude oil going to $10 a barrel, but he backed a bit off that claim in his appearance on Monday, saying that maybe next time he ought to be a bit more circumspect when he talks to CNBC's producers.

Scientists have discovered yet another unforeseen effect of BP's historic oil spill in the Gulf of Mexico.

Russia has warned that it will revive its claim to a huge swathe of the Arctic in the hope that it can secure the rights to billions of tons of oil and gas. Moscow has long seen the seabed off its northern coastline as a mine of valuable hydrocarbons and is keen to fend off rival bids for control over the region’s resources.

The sight is so surprising that Americans are sharing photos of it, along with all those cute Halloween costumes, sweeping vistas and special meals: The gas station sign, with a price of $2-something a gallon.

ISIS is seeking manager's to run its oil refineries as the militant group controls as many as 20 oilfields in both Syria and Iraq.

Baghdad (IraqiNews.com) On Sunday the so-called Islamic State of Iraq and Syria (ISIS) advertised a job offer within the oil industry. Several media sources reported that the group is experiencing problems managing oil fields captured in both Iraq and Syria, and therefore is looking for a new oil refinery manager on a salary of $225,000 a year.

Plunging oil prices may cause a long term problems and hamper the U.S. shale oil boom, the International Energy Agency warned.

Canada’s green energy sector has grown so quickly and has become such an important part of the economy that it now employs more people than the oil sands.

Brent crude fell close to $69 a barrel on Friday, putting it on track for a second weekly decline, as cuts to official selling prices from Saudi Arabia reverberated across the market.

The lawsuit was brought by thousands of plaintiffs who claimed they were subject to toxic fumes, noise, and general degradation of life following the spill, which saw more than 800,000-gallons of thick Canadian tar sands crude oil flow out of a ruptured pipeline and into Michigan’s Kalamazoo River.