U.S. Energy Secretary Chris Wright invoked the Defense Production Act to restore the Sable Offshore Corp.'s Santa Ynez unit and pipeline off Santa Barbara's coastline.

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.

Local trucker hits milestone of one million miles travelled with one rig ...

The second auction of oil and gas leases in the Gulf of America since President Donald Trump’s election in 2024 drew almost $47 million in high ...

With the U.S.-Israeli war against Iran now in its second week, Strait of Hormuz traffic halted and crude oil topping $90 per ...

On July 6, 1988, the Piper Alpha oil platform in the North Sea became the site of one of the deadliest offshore disasters in history. A maintenance error triggered a gas leak that quickly ignited into ...

Oil prices have soared in the week since the U.S. and Israel launched their war against Iran, but President Donald Trump on Saturday downplayed the idea of turning to America’s Strategic Petroleum ...

As President Donald Trump touts economic and energy policies in Texas, the first quarter indicates ongoing challenges for the oil and gas industry. Rig counts are down and thousands of energy jobs ...

The number of oil and gas rigs actively drilling in the U.S. remained unchanged at 551, Baker Hughes reported Friday in its latest weekly survey. During the week ended February 13, drilling rigs ...

1528 ET – Crude oil futures settle the day slightly higher, but still finish the week losing ground. For the week, crude oil fell 1% to $62.89 a barrel. This afternoon’s Rig Count Report from Baker ...

Long Beach, these days, isn’t much of a surf town. Sure, there’s the occasional hurricane swell (ahem, Marie) that brings waves through the jetties, offshore oil rigs, and whatnot. But for the most ...