As the US–Israel war on Iran escalates, so too does the global oil crisis. The effective closure of the Strait of Hormuz, through which roughly 20% of the world’s oil and natural gas flows, and the ...
Libya's National Oil Corp (NOC) said Thursday the Sarir refinery is back to producing gasoline after a three-year hiatus.
Opinion
Oil isn’t just fuel: Iran conflict could disrupt markets for everything from plastics to fertilizers
Tensions in the Middle East often trigger concerns about rising gasoline prices. But disruptions to oil supplies could affect much more than the cost of filling up a car. That’s because crude oil is ...
The historic Spindletop oil site in Texas offers a model for storing more natural gas underground amid forecasts of surging demand. BEAUMONT, Texas — From the surface, the Spindletop salt dome in East ...
West Texas’ rampaging oil production has posed the problem of associated gas for which there is little solution but more pipelines to the Gulf Coast where energy-hungry European and Asian liquefied ...
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