Global sanctions and aging infrastructure are causing a significant decline in Russian oil production, with long-term ...

North Dakota oil production dropped nearly 2 percent in June as producers scaled back activity, primarily to keep natural gas flaring from exceeding state limits, the state’s top oil regulator said ...

"The uncertainty from the administration’s policies has put a damper on all investment in the oilpatch," one exec wrote in ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

FID on the Tiber-Guadalupe project, marking its second offshore platform approval in the US Gulf in 2 years as it works to ...

BP finds its largest deposit in 25 years: an ultra-deep sea target in Brazil called Bumerangue that could boost new offshore ...

ConocoPhillips COP, a leading exploration and production firm in the United States, acquired Marathon Oil in November 2024 ...

Trump and his Cabinet have championed themselves as allies of the fossil fuel industries, advocating increased financing on the global stage for oil and gas projects. The president himself has also ...

FICCI urges Oil Minister to intervene in 18% GST hike on capital goods for petroleum, CBM operations, disrupting E&P projects ...