Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

The King exploration well is positioned close to BP's current facilities and subsea pipelines in the West Nile Delta project.

U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...

Norwegian energy giant Equinor is halving investment in renewable energy over the next two years while increasing oil and gas ...

A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the ...

The decision is the fourth in a string of losses for state and local governments that have accused the oil and gas industry ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...

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

NEITI industry reports has shown large sums of uncollected royalties and rents that the oil and gas operators owe the federal ...

U.S. President Donald Trump will reimpose "maximum pressure" on Iran and drive its oil exports down to zero, a U.S. official ...

The New Mexico Senate Conservation Committee approved SB23, a bill to raise oil and gas royalty caps from 20% to 25% in the Permian Basin. Supporters argue it boosts school funding, while opponents ...

State run gas giant Gazprom spearheads increase in gas production in 2024 as it re-takes a larger share of the domestic ...