Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil-transfer hub for more than a month — possible sign of slowing logistics ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

The U.S. Department of Justice has filed a lawsuit seeking the forfeiture of $47 million from the sale of Iranian oil, ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and ...

Gulfsands Petroleum plc said that it has executed a formal contract for a drilling rig to be used for drilling the next exploration well on Block 26, Syria in February 2007. Gulfsands Petroleum ...

If [Egyptian president Gamal Abdel] Nasser obtains dominant influence over the Persian Gulf oil-producing areas, Western access to this oil on acceptable terms might be seriously threatened. The only ...

Amid rising tensions with the US, the Islamic Revolutionary Guard Corps has increased its military presence in the Persian ...

Crewboats Inc. rents its boats to major commercial and independent oil companies to haul cargo and personnel to offshore drill rigs and platforms in the Gulf of Mexico. Throughout the 1980s oil ...

That being said an isolated strong storm is possible from Brenham to College ... Many of our counties west of I-45 and along the gulf are now included in the latest statewide drought map.

Editor’s Note: The video above shows the latest forecast from the KXAN First Warning Weather team. AUSTIN (KXAN) — Periods of showers and isolated storms will continue to impact at least part ...