U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at ...

Venezuelan crude oil is relatively cheap to buy because it is much more difficult to process. It is very heavy, thick, dark ...

Africa’s richest man, Aliko Dangote, has announced plans to spearhead the construction of a major oil refinery in East Africa, citing growing concerns over the continent’s dependence on fuel imports, ...

President Donald Trump has announced that a new oil refinery will be built in Brownsville, Texas. It will be the first major new U.S. refinery of its type in approximately five decades. Trump made the ...

Premier David Crisafulli’s promise to produce oil from Queensland’s Taroom Trough is based on very little evidence and could ...