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.

U.S. oil and gas activity increased slightly in the first quarter, but energy company executives were pessimistic about the ...

The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.

OPEC Members Will Unwind and Reverse Voluntary Production Cuts on April 1 Source: OPEC, Oil & Gas Journal, EIA. Data as of Feb. 25, 2025. On the gas side, US gas producers remain challenged in the ...

Frequently those wells are as little as a few hundred yards from oil and gas wells or other infrastructure linked with toxic pollution — which are just one explosion or spill away from ruining them.

A federal judge has ruled that more than 109,000 square miles of Gulf Coast federal were unlawfully opened up for offshore drilling leases ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Operators and developers are expected to spend a total of $43 billion on ...

Read part one here. President Trump and Texas lawmakers are pushing to loosen the laws and liabilities governing the state’s oil and gas industry and give companies a freer hand to “drill, ...

Even with a national oil and gas emissions cap, Canada's fossil fuel sector could boost production by 11 per cent by 2032, according to an independent analysis. The Parliamentary Budget Office ...