The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Chinese offshore operator CNOOC Ltd has achieved first oil at the Bozhong 26-6 field development project (Phase I) in the ...

Executive orders issued by President Donald Trump within hours of his inauguration indicate plans to expand fossil fuel ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

One bill that would have required oil companies to help pay for damages from climate-driven disasters failed and another that ...

ARC Resources Ltd. ("ARC" or the "Company") today reported its fourth quarter and year-end 2024 financial and operational results as well as its year-end 2024 reserves. HIGHLIGHTS Fourth Quarter 2024 ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

HOUSTON (Reuters) - Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to ...

Reserve replacement of 146 percent, 229 percent and 296 percent of 2024 production on a proved developed producing ('PDP') reserves, proved ...

CNW/ - (TSX: IPO) (OTCQX: IPOOF) ("InPlay" or the "Company") announces that its Board of Directors have approved a capital ...

CALGARY, AB, Feb. 3, 2025 /PRNewswire/ - Horizon Petroleum Ltd. (the "Company" or "Horizon") (TSXV: HPL) (FRA: HPM) (Tradegate: HPM) to announce the start of ...