U.S. energy firms this week cut the number of oil and natural gas rigs operating to their lowest since January, energy ...

Thirty crew members were rescued from the vessel, while one person remains missing, Peru's defence ministry says.

Oil prices rose over 1% on Friday and were set for their first weekly gains since mid-April as a U.S. trade deal with United ...

The total number of active drilling rigs for oil and gas in the United States slipped this week, according to new data that ...

Britain on Friday announced a package of sanctions aimed at Russia, including placing asset freezes on several directors of ...

The CEO of Diamondback Energy said in a letter to shareholders that falling oil prices will lead to a decline in US ...

Interior said Friday that a rule implemented in 2024 to impose supplemental financial bond requirements on offshore drilling ...

Most new oil and gas projects in 2024 were located offshore, where spills can be hard to detect. Researchers at the nonprofit ...

A routine task turned into a financial catastrophe. This oil rig was worth $350 million - until workers made a fatal mistake.

California also imports its gasoline from faraway countries, such as Iraq and Saudi Arabia, which increases prices due to transportation costs.” ...

The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...

LIMA (Reuters) - A Peruvian navy vessel collided with an oil platform operated by Perenco on the Amazon River, killing at least two people, Peru's defense ministry said on Friday.