The number of oil rigs operating in the United States fell by seven to 425 in the week ending July 4, marking a new cycle low and the 10th consecutive week of declining drilling activity, according to ...

Major US stock indices closed at fresh records Wednesday following a US-Vietnam trade deal, while oil prices jumped after Iran suspended cooperation with the UN nuclear watchdog.

(The Center Square) – The Trump administration on Tuesday announced new permitting reforms after years of the oil and gas industry calling on administrations and Congress to streamline a burdensome ...

U.S. oil and gas drilling rigs hit their lowest count since 2021, with declines in major basins and continued monthly drops.

Florida Gov. Ron DeSantis has signed a bill creating a ban on oil drilling along the Apalachicola River.

After support from residents, environmental advocates and area lawmakers, Florida Gov. Ron DeSantis has signed a ban on oil drilling along the Apalachicola River.

A legal battle over an oil producer’s attempt to restart a former Exxon Mobil Corp. drilling operation off the coast of Santa Barbara, Calif., is offering a glimpse into what localized environmental ...

But frackers have no immediate plans to pump more crude. They have wrestled with lower oil prices in recent months and have been steadily shedding oil rigs and sending crews that frack wells home.