President Trump promised that during his presidency gasoline prices would drop and U.S. oil production would boom. One of those things is happening. Prices at the pump have indeed gone down ...

If oil were to fall into the low $50s or $40s a barrel–“and I’m not in that camp”–in a year or two that could lead to $80 or $90 oil when demand picks up and production isn’t there ...

Dave Sidaway Montreal Gazette Ten environmental activists convicted this year for their roles in a protest that closed access for more than a day to an oil terminal ... Huard to 90 days of house ...

Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1518 ET – Oil futures end the week lower with rekindled concerns about excess supply and disagreements among OPEC ...

MOGADISHU, Somalia — Turkey will receive up to 90% of the revenue from oil and gas extracted from Somalia’s territorial waters under a recently disclosed agreement, sparking debate over its fairness, ...

Under Article 4.7, Turkey is entitled to recover up to 90 percent of the petroleum it produces each year — whether oil or natural gas — as “cost petroleum,” a mechanism that allows the operator to ...

Widely circulated reports claim that Somalia has "given away" its oil or that Turkey will take "90% of the revenue" -- claims that don't hold up under scrutiny. In this article, I break down what ...