The US energy industry is bracing for a huge windfall from the Iran war, but oil majors aren’t planning to ramp up drilling – ...

America is producing near-record amounts of oil, yet experts told Newsweek that isn't enough to bring gas prices down quickly ...

The number of oil and gas rigs actively drilling in the US added 1 to 581, the count's 11th increase in 12 weeks, Baker ...

The BLM has identified 684,000 acres of federal land and 959,000 acres of mineral estate to lease to fossil fuel companies.

Surinamese Kiran Soekhoe speaks during a boat tour to watch the wild Sotalia guianensis dolphins at the Suriname River estuary in Paramaribo, on September 16, 2022. - Emerging as potential oil powers ...

U.S. shale producers are not embracing the "drill, baby, drill" mantra because current oil prices, which hover near or below their breakeven point, do not justify accelerating production. Instead of ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...

Alberta’s Clearwater oil play is transforming Canadian crude production with fast, low-cost barrels amid rising global prices ...

When President Donald Trump announced the preliminary peace deal with Iran on June 14, noting, “Let the oil flow,” I breathed a sigh of relief. I don’t know how the deal will play out on a global ...

Upstream President Liam Mallon recently dismissed the notion that U.S. producers will dramatically increase output under a second Trump term. Lower profits at major oil companies could further ...

Noble Corporation has won a contract worth more than $130 million for its drillship Noble Viking offshore Brunei Darussalam.

“When you get below the cost of supply, you can’t ‘drill, baby, drill,’” Hamm tells Bloomberg. The oil industry could be at a turning point as low oil prices benefit consumers but pose significant ...