Sable Offshore Corporation has resumed production off the coast of Santa Barbara for the first time since a major oil spill ...

Aging fields and volatile markets make drilling a tough sell, even with a path cleared for permitting.

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 552 ...

An Iranian blockade sent crude oil above $100 a barrel on Monday, boosting producer profits and state revenues. But Wyoming’s ...

The current war in the Middle East has sent the price of oil spiking — and with it, US gas prices. That’s likely to remain true, even though the US is now a net exporter of oil.

At 8:30 a.m. Eastern Time today, oil was priced at $107.40 per barrel with Brent serving as the benchmark (we’ll explain ...

Oil prices have skyrocketed in the days since President Donald Trump's war on Iran began.

The war in Iran has sent oil futures soaring, but analysts say the run-up in prices is unlikely to translate to more drilling ...

Famed oil driller Harold Hamm said he will shut down his company's drilling in North Dakota's Bakken shale for the first time in decades because operations are not worthwhile at the current price of ...

4 days Oil Prices Head for Weekly Gain Despite U.S. Waiver on Stranded Russian Crude 5 days Oil Prices Dip as U.S. Opens Brief Window for Stranded Russian Crude Global upstream investment is set to ...

These price increases worried many Americans who remembered how a gasoline price spike in 2022 following Russia’s invasion of Ukraine helped boost inflation to levels not seen i ...

Actor Ted Danson speaks to a crowd at the CEC's Environmental Hub on Friday about new offshore oil drilling off the coast of Santa Barbara. The Bureau of Land Management also announced a new study on ...