A Texas company wants to drill for oil off Santa Barbara County's coast. Experts say its path to oil sales is looking more ...

Brazil’s Petrobras is planning to start drilling in the Foz de Amazonas Basin by the end of the month, Reuters has reported, citing unnamed sources close to the company. The company was currently ...

America’s oil industry is facing immense pressure during Trump 2.0. Even though President Donald Trump vowed to usher in a period of American energy dominance, the administration’s trade war and ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand. By Rebecca F. Elliott U.S. oil companies ...

Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore ...

President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices down” and another calling on the Department of Energy to “drill, baby, drill ...

Norway's largest exploration prospect for 2025 — Rondeslottet — has been approved to start drilling soon, and will be eagerly anticipated given the disappointing start to this year's hunt for ...

Pump jacks are seen at dawn in an oil field over the Monterey Shale formation near Lost Hills, California. David McNew TNS Thanks to electric vehicles, demand for oil has been steadily declining in ...

Egypt has announced an ambitious plan to drill 480 exploratory oil wells with a total investment of $5.7bn (E£271.59bn) over ...

The plunge in oil prices to four-year lows has seeded doubt as to whether the oil and gas industry will be able to deliver more drilling, as President Donald Trump has sought. Just after 11 a.m., both ...

The court-ordered assessment will examine effects that oil and gas drilling could have on the Cook Inlet’s beluga whales. Federal officials plan to use curtailed environmental reviews to examine an ...