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Despite the rise of renewables, oil and gas remain critical energy sources due to ongoing high demand and their role in the production of clean energy technologies.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest ...
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The move would bar new oil and gas leases along the Atlantic coast, the eastern Gulf of Mexico, the Pacific coast and portions of the northern Bering Sea, two people familiar with the plans said.
To people seeking to better understand the nation’s energy options, oil shale, shale oil, shale gas, and oil sands sound similar and can be confusing. However, it is important to understand their ...
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The number of active rigs drilling for oil and gas in the U.S. fell by 4 to 576, extending a recent decline to its lowest level since December 2021, Baker Hughes said.