U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs ...

The number of active rigs drilling for oil and gas in the U.S. fell for a second consecutive week, shedding 2 to 590, Baker Hughes said Friday in its latest report. The decline reduces the total rig ...

Environmental groups are suing the Interior Department over plans for the Santa Ynez Unit. A new courtroom challenge aims to ...

Towers and oil platforms belonging to Petróleos de Venezuela, S.A., the state-owned oil and gas company. Future Publishing via Getty Images The tariffs will go into effect on April 2, the day ...

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

The unit’s three platforms have been shut down since May 2015, when a corroded onshore pipeline ruptured and released what is believed to be about 450,000 gallons of oil near Refugio State Beach north ...

Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...

Crude stockpiles rise, while fuel inventories drop. Commercial crude inventories rose by 1.7 million barrels to 437 million, ...

- Raising global trade concerns over Trump's tariff policies, Fed's decision on unchanged interest rates, and increase of US crude stocks beyond market expectations affect price fall ...

The total U.S. rig count decreased by one week on week and the total Canada rig count decreased by 17 during the same period, ...