U.S. Interior Secretary Doug Burgum announced during his visit to Oklahoma City that his agency is going to promote mining ...

Low oil prices, tariffs, and other pro-drilling policies could wreck the oil industry far faster than the Democratic policies ...

BP and Eni confirmed the preliminary results of the Capricornus 1-X exploration well in Namibia's Orange Basin.

Some small U.S. shale producers are putting the brakes on oil drilling as crude prices sink to multi-year lows and steep ...

Russia’s oil producers have been drilling wells at a pace not seen in at least five years as the nation readies for both a ...

The U.S. Interior Department said on Thursday it has implemented new guidelines for allowable pressure differences in a certain type of oil drilling in part of the Gulf of Mexico, changes it expects ...

Rhino Resources and partners will perform post drilling analysis following a successful test of a light-oil discovery ...

Despite Donald Trump's exhortation to "drill baby drill," oil industry executives are throwing up their hands at the ...

Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are ...

The U.S. is the world's largest oil producer, pumping some 13.55 million barrels per day, employing millions of workers and generating trillions of dollars annually. Trump campaigned on the motto of ...

Many companies say they cannot drill profitably if oil prices fall under $65 a barrel. New tariffs will make it more expensive to buy steel and equipment, industry watchers said, which could ...

Despite US President Trump's efforts to boost U.S. oil production, the industry faces potential output cuts and job losses. Increased OPEC output and tariffs have weakened demand, causing U.S. crude ...