As U.S. crude oil futures rose more than 1.5% on Wednesday following President Trump’s blockade order on all sanctioned oil ...

Crude oil output reached an estimated 5.9 million barrels per day in November, the highest level ever recorded in U.S.

U.S. crude oil hits record 5.9M barrels/day in Nov, driven by TX efficiency in Permian Basin despite fewer rigs; natural gas ...

Phosphoria has almost completely exhausted its hidden oil reserves, while a final gas field is redefining the energy future.

The oil and gas equipment and services sector, which supplies critical technology, machinery, and support to companies ...

Japan Petroleum Exploration said on Thursday it will acquire Verdad Resources Intermediate Holdings LLC (VRIH), which owns tight oil and gas assets in the U.S. for $1.3 billion in its largest-ever ...

Major oil companies anticipate that global oil demand will plateau slowly rather than decline sharply, maintaining the need for continued oil and gas production for decades. Despite initial shifts ...

Since the start of the biennium in August, state officials said revenue is up more than $20 million above the state forecast.

Oil and gas prices are set to drop by 2026, with Brent crude falling to $55 per barrel and retail gas reaching $3 per gallon, ...

The recent decline in gasoline prices is primarily attributed to surging global oil supply, softer-than-expected demand, and swelling oil inventories, rather than the pro-energy policies of any single ...