Aging fields and volatile markets make drilling a tough sell, even with a path cleared for permitting.
The $5 billion project in the Gulf of Mexico is expected to help produce up to 10 billion barrels of oil by the end of this decade. Critics say it could endanger people and marine life.
Oil prices have skyrocketed in the days since President Donald Trump's war on Iran began.
About 30 Indigenous women from seven Amazon nationalities have traveled to Ecuador’s northern oil region to witness the environmental impacts of decades of oil and gas extraction ...
The Trump administration has signed an executive order to resume oil drilling operations off the southern California coast, citing national energy security. The order, which invokes a Cold War-era ...
4don MSN
Higher oil prices will not spur more US production, oilfield services company Patterson-UTI says
By Georgina McCartney HOUSTON, March 10 (Reuters) - A surge in energy prices caused by the U.S.-Israel war with Iran will not ...
OilPrice.com on MSN
US Drillers Add Oil, Gas Rigs As Brent Tops $100 For First Time in Years
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that ...
A federal judge threw out approval for Wyoming’s massive 5,000-well Converse County Oil and Gas Project over environmental flaws. But drilling ...
In addition to the new oil-producing wells, newly encountered reservoir intervals will be considered in the next evaluation of reserves and could add to the ultimate ...
The Punch on MSN
Seplat to drill 17 wells, targets 155,000 bpd
Seplat Energy Plc has announced plans to drill 17 new wells in 2026 as part of efforts to boost production, with the company targeting output of up to 155,000 barrels of oil equivalent per day.The ...
Many Texans are starting to feel the effect of rapidly rising gasoline prices. According to AAA, the statewide average price for a gallon of gas reached $3.29 as of Friday. That’s up sharply from ...
Montana’s first oil well was drilled in what is now Glacier National Park near the head of Kintla Lake back in 1901. One hundred and twenty-five years later, Glacier will have the well plugged.
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