But at just 35 miles wide, it did. It’s just the latest evidence of how dependent the global economy is on a handful of choke ...

Imagining what a prosperous future for Venezuela would look like if the nation shifted from oil and gas to wind energy.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time ​in three weeks, energy ...

On a recent visit to the Dixstone yard in the Netherlands, Upstream went onboard the jack-up vessel Obana just days after it had completed its first decommissioning job in the UK North Sea ...

For more than a century, Iran has occupied a powerful place in the western imagination, characterized as a volatile region that sits atop vast oil reserves.

Oil markets will continue to react to geopolitical developments, but the fundamentals remain the same: supply, demand, and the world’s need for dependable energy.

Offshore oil rigs are among the most complex structures ever built, designed to operate in some of the harshest conditions on Earth. This video explores how engineers design, transport, and assemble ...

In 1988, Piper Alpha became the scene of the worst offshore oil disaster in history when a chain of explosions turned the giant North Sea platform into a collapsing firestorm. Helicopter footage ...

Stocks reversed course and rallied late Monday after Trump's latest comments. The president said the Iran war was "very complete" in comments made to CBS News. Oil also dipped after spiking above $100 ...

Add Yahoo as a preferred source to see more of our stories on Google. Trump said he will waive some sanctions on oil to boost supply and bring down prices (ROBERTO SCHMIDT) (ROBERTO SCHMIDT/GETTY ...

The conflict in Iran is causing a massive disruption in the global oil supply and sending energy prices skyrocketing. It’s unclear how long the disruption will last — and therefore how long the ...