The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 592 for a fourth consecutive weekly gain, Baker Hughes said Friday in its latest report. Despite the increase to the most ...

Drilling activity continued its upward climb, posting a fourth consecutive increase and hitting the highest level since June. Oilfield services firm Baker Hughes said Friday its U.S. rig count added ...

Uruguay, a leader in renewable energy, is now exploring its offshore waters for oil and gas, hoping to achieve energy ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Argentina holds the world’s fourth-largest reserves of shale oil and more shale gas than anywhere except China. Argentines ...

President Trump announced plans to rapidly refill the Strategic Petroleum Reserve (SPR), which had been significantly ...

President may have little sway over drilling, but EV and tariffs could have an impact on the crude market trajectory ...

The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors, Adewale Adeyemo-Bero, has explained why Nigeria’s crude ...

With West Texas Intermediate (WTI) crude currently priced ... which they have done in the past—oil prices could dip below breakeven levels, making drilling far less attractive for U.S. companies.

Trump’s promotion of fossil fuel-driven growth poses significant challenges, but there are mitigating factors as well.

Crude prices are hovering in a tight trading range, with the benchmarks dropping a few cents on Friday heading toward a ...