Department of Energy authorized the exchange of as many as 1M barrels from the US Strategic Petroleum Reserve to ease the ...

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

Opening any new North Sea oil and gas fields is incompatible with achieving the Paris Climate Agreement goals of limiting warming to 1.5°C or holding warming to "well below 2°C" relative to ...

Three Trump Cabinet members began a tour at a key point of operations at a prolific oil field near the Arctic Ocean in Alaska on Monday, part of a multiday trip aimed at highlighting President Dona… ...

Shell SHEL 2.00% will buy TotalEnergies’ TTE 2.03% stake in an oil field offshore Nigeria for $510 million, increasing its interest in the country’s deep-water Bonga field.

Texas regulators are warning that wastewater from fracking in the biggest US oil basin is causing a “widespread” increase in underground pressure — a development that risks hindering crude ...

On May 10, 2025, a major fire broke out at the Kharapurneftegaz oil field in the Yamalo-Nenets Autonomous Okrug, Russia. The incident led to the collapse of one of the drilling rigs and left three ...

A Long Beach oil field will soon be restored to roughly 156 acres of public wetlands. City leaders and oil operators came together Thursday at the groundbreaking ceremony on the Synergy Oil Field ...

By Amanda Lee Norwegian energy major Equinor is selling a 60% stake in a Brazilian oil field for about $3.50 billion, part of its effort to "high-grade" its international portfolio.

The Gulf of America saw another new oil field take shape off the coast of Louisiana, as the Ballymore field went into operation last week.

As promised, oil producers have joined the fight against a state law that bans well maintenance and new drilling within 3,200 feet of a home or other sensitive site.