America is producing near-record amounts of oil, yet experts told Newsweek that isn't enough to bring gas prices down quickly.

Add Yahoo as a preferred source to see more of our stories on Google. Despite President Donald Trump's calls to "drill, baby, drill," many oil companies operating in the Gulf of Mexico will likely do ...

Burnham, who is expected to become the UK's next prime minister, has been handed a letter from the oil and gas industry ...

The number of oil and gas rigs actively drilling in the US added 1 to 581, the count's 11th increase in 12 weeks, Baker ...

U.S. shale producers are not embracing the "drill, baby, drill" mantra because current oil prices, which hover near or below their breakeven point, do not justify accelerating production. Instead of ...

Oil industry executive J. Nelson Wood was close to starting a multimillion-dollar drilling project in Illinois. Then came President Donald Trump’s tariffs. Subscribe to read this story ad-free Get ...

Exxon and Chevron plan to maintain their capital spending and production plans. ConocoPhillips is increasing its budget range to reflect a modest increase in drilling activity in the Permian Basin.

Rystad: offshore oil and gas investment to reach $104 billion in 2024. The Financial Times reported this week that in 2025, offshore oil will account for more non-OPEC oil supply than U.S. shale oil.

ONGC has aggressive deepwater exploration and development plans involving the drilling of multiple wells in the coming years ...

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