A Texas company wants to drill for oil off Santa Barbara County's coast. Experts say its path to oil sales is looking more and more challenging.

Serbia will do everything it can to protect its interests in the face of U.S. sanctions against Serbia-based, Russia-owned oil company NIS , its president Aleksandar Vucic said on Monday.

A prognosticator became more bullish on the oil company's shares, although he hasn't changed his neutral recommendation.

Thirty years ago, Willie Cruz was shocked when he learned the Southern California oil refinery where he worked was shutting down. Cruz, now a

Iran is ramping oil production back to record 2024 levels of around 4.3 million barrels per day, despite U.S. and Israeli airstrikes and ongoing sanctions. Russia is leading new development efforts in key shared oilfields like Changuleh, Cheshmeh-Khosh, and Arvand.

North Little Rock-based gasoline and diesel fuel provider Coulson Oil is suing its former president and CEO, claiming he used company credit cards to rack up more than $5 million in improper charges and reimbursements,