Despite Trump’s push for increased oil production, U.S. energy companies remain cautious, waiting for higher prices.

Colombia’s President Gustavo Petro has directed the state-run oil company Ecopetrol to divest from all fracking operations in ...

US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China’s retaliatory tariffs on the ...

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

Oil and gas production in the United States is hitting record highs, easily outpacing consumption growth and fueling an export boom that in 2020 achieved the country’s first trade surplus in energy ...

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase ...

Published Jan. 14, 2025Updated Jan. 21, 2025 For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer ...

A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...