The U.S. oil industry probably passed the low point in the current cycle in July and August, with drilling rates set to start ...

Despite favorable policies from the Trump administration, weak oil prices around $60 per barrel are causing U.S. shale ...

Brazil, which is hosting the 30th U.N. Climate Change Conference this month, wants to show the world it is a leader in ...

President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices down” and another calling on the Department of Energy to “drill, baby, drill ...

Brazil’s Petrobras is planning to start drilling in the Foz de Amazonas Basin by the end of the month, Reuters has reported, citing unnamed sources close to the company. The company was currently ...

Oil industry executive J. Nelson Wood was close to starting a multimillion-dollar drilling project in Illinois. Then came President Donald Trump’s tariffs. Now, the cost of the pipes he will need for ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand. By Rebecca F. Elliott U.S. oil companies ...

The plunge in oil prices to four-year lows has seeded doubt as to whether the oil and gas industry will be able to deliver more drilling, as President Donald Trump has sought. Just after 11 a.m., both ...

RIO DE JANEIRO — Petrobras said Monday it had received a license to drill for oil near the mouth of the Amazon River, enraging environmentalists who said the move would undermine Brazil's hosting of ...

Two of the world's largest oilfield services companies — Halliburton and Baker Hughes — have offered specifics on how they see tariffs hitting their business. Why it matters: Trade wars are a double ...

ChevronTexaco Corp., one of the world's largest energy companies, is planning to begin exploratory drilling for oil and gas in Bahrain's eastern offshore area later this year. ChevronTexaco Corp., one ...

Asia-focused independent Jadestone Energy is expecting to start soon drilling operations offshore Australia that will see new production brought online at the Montara oilfield. Jadestone said the jack ...