The government and the ruling Democratic Party (DP) agreed Monday to abolish the oil industry's so-called post-settlement system, a pricing practice that gas station operators blame for rising prices ...

TAIPEI (Taiwan News) — A Taiwan-led team has developed a portable system, small enough to fit in a backpack, that can convert used cooking oil into biodiesel for generators and most diesel-powered ...

Oil prices pared some of their Thursday morning gains after unconfirmed reports that Iran is working with Oman to set up a system to monitor tanker traffic through the Strait of Hormuz. The creation ...

One of the latest TikTok beauty trends is Cyperus rotundus oil, a plant extract from the nut-grass root that’s touted as a natural alternative to laser hair removal. But there are issues with it, says ...

The government will operate a crude oil swap system with private companies starting Tuesday in a bid to help oil refineries secure alternative oil supplies and minimize supply disruptions, the ...

SEOUL, March 31 (Yonhap) -- The government will operate a crude oil swap system with private companies starting Tuesday in a bid to help oil refineries secure alternative oil supplies and minimize ...

Sable Offshore officially commenced oil sales through the Santa Ynez Pipeline System Sunday, marking the first time the network has moved crude oil since a major spill idled operations over a decade ...

Sable Offshore Corp. (“Sable,” or the “Company”) (NYSE: SOC) today announced that on March 29, 2026, Sable initiated oil sales. The Santa Ynez Pipeline System was filled from Las Flores Canyon to ...

Oil prices have surged more than 40% since the start of the Iran conflict, rattling global energy markets and raising concerns that U.S. drivers could see further increases at the pump. Analysts say ...

The war in Iran has cost the global oil supply roughly 15 million barrels a day so far, and experts worry its effects will last a while. Plus: LNG and data centers, Walmart’s electronic price labels, ...