Sharply higher costs in all categories—particularly material, which roughly doubled—increased the estimated price of building land pipelines by about $4.5 million/mile, to a record $12.1 million/mile.

Russian oil flowed through the Ukrainian section of the Druzhba pipeline on Wednesday after a halt lasting months, officials said, allowing Hungary to lift its veto on a 90 billion euro ($105.79 ...

[Stay on top of transportation news: Get TTNews in your inbox.] Texas oil pipelines are running above designed capacity in some cases amid rampant overseas demand for U.S. crude to replace cargoes ...

Saudi Arabia's key pipeline to reroute oil away from the Strait of Hormuz came under attack by Iran recently. The attack has cut throughput in the pipeline by 700,000 barrels per day. Attacks on Saudi ...

Attacks cut Saudi Arabia's output by 600,000 bpd East-West Pipeline is only Saudi crude export outlet during war Attacks extended to major refineries CAIRO, April 9 (Reuters) - Attacks on Saudi energy ...

Saudi Arabia's East-West Pipeline, a critical artery bypassing the Strait of Hormuz, was reportedly hit in an Iranian drone attack on Wednesday, Reuters has reported. According to the report, a ...

Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices. By Alan Rappeport Alan Rappeport covers the Treasury Department. The Trump administration said on ...

President Donald Trump has temporarily waived a century-old shipping law to allow oil and other resources to flow to the United States, a White House official told FOX Business on Wednesday. Trump ...

A pipeline leak at Libya’s largest oil field, Sharara, caused a fire on Thursday, prompting a redirection of the flow of oil, the National Oil Corporation said in a statement. NOC said that ...

While shares of Exxon, Chevron, and ConocoPhillips have surged this year, they haven't risen as much as crude oil prices. That's due to the market's belief that the current high oil prices won't last ...

Oil had not flowed through the pipeline since a 2015 rupture caused an environmental disaster on California’s Central Coast. It sets up a new fight between the Trump administration and state officials ...