Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

OMV has been granted a permit by the Norwegian Offshore Directorate to drill an oil and gas exploration well in the North Sea. The overall drilling rig count in North America is up 9 units during ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

US oil and gas drilling operator Noble has secured a new contract worth approximately $70m from Shell for its ...

The ban on drilling is in place after a judge decided the previous Conservative government acted "unlawfully" when it gave ...

Drilling activity continues to trend upward, posting a second consecutive weekly gain. Oilfield services firm Baker Hughes said Friday its U.S. rig count rose four rigs to 586 rigs for the week.

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...