Last week, a UK Navy vessel interposed itself between a British-flagged oil tanker and several small boats that attempted to impede its passage through the Strait of Hormuz. The British Foreign Office ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge can ...

Venezuela’s oil sector currently sits at historic lows, both in terms of its production and its environmental impact. Decrepit pipelines and decaying refineries, unrestricted flaring of greenhouse ...

Last week, British Petroleum announced that it was slashing more than $5 billion in planned green energy investments. It was a marked departure from the early 2000s, when the oil giant branded itself ...

Oil spills may be dramatic and devastating, but they’re not the biggest contributor to ocean oil pollution — not by a long shot. A report released Wednesday gives that distinction to fossil fuel ...