The recent tanker attacks and vessel rerouting near the Strait of Hormuz have once again highlighted just how fragile global ...

The current war in the Middle East has sent the price of oil spiking — and with it, US gas prices. That’s likely to remain true, even though the US is now a net exporter of oil.

The total number of active drilling rigs for oil and gas in the United States stayed the same this week, according to new data that Baker Hughes published on Friday ...

Oil companies have historically underperformed, with reinvestment often eroding shareholder value rather than enhancing it. Unlike other industries, oil companies’ reinvested earnings have frequently ...

Learn about drilling mud, also known as drilling fluid, which facilitates borehole drilling for oil, gas, and sampling by ...

Gas and oil companies drilling on public lands in the U.S. will have to pay $150,000 per lease on federally owned lands, an exponential increase of the $10,000 bond amount that’s been in place for ...

"We won't tolerate the Trump Administration's intent to auction off California's coast for offshore drilling to the highest ...

A federal deadline came and went this week for oil companies to bid on around 1 million acres of drilling territory off Alaska’s Cook Inlet.

Conservation organizations and an Iñupiat group have filed legal challenges to the Trump administration’s renewed push for ...

Oil has been surging in recent months due to tightening supply conditions during the peak winter demand. Both benchmarks reached a 10-month high earlier this week with more upside potential. The two ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Oil has been surging in recent months due to tightening ...