Weak oil demand has limited refinery intake of crude oil for processing into refined products. Read more here.

One of his campaign slogans was 'drill, baby, drill' and he has vowed to open up the Alaskan Arctic to fossil fuel companies.

as it looks to increase access to electricity while it adds more renewable energy. The nation will use the fuel from the oil major’s offshore liquefied natural gas project — located on the ...

Building materials and tariffs outweigh cheaper oil Economists say that lower electricity costs and diesel fuel prices would make certain goods and services needed to build housing somewhat cheaper.

On the streets of Britain, voters were quick to have their say on the revelations in the first ever female Chancellor's Budget, which declared a £40bn war on those with wealth and big employers.

Barely 3 weeks after raising the price of petrol, Nigerians were outraged when the NNPCL on Tuesday adjusted the pump prices ...

Middlesbrough Council's parties have been divided on the winter fuel allowance changes Pensioners affected by the government's changes to the winter fuel allowance could receive up to £200.

Pensioners affected by the government's changes to the winter fuel allowance could receive up to £200. Middlesbrough Council approved plans which will see those on low incomes, who narrowly miss ...

While consumers may use generic commodities like gasoline or fuel oil, oil exploration relies on expensive and laborious work in finding the right geology and drilling test wells to see if that ...