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 ...

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, ...

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

Despite US President Donald Trump’s encouragement to increase drilling, US oil and gas companies are expected to prioritize ...

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

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

By Jeslyn Lerh SINGAPORE (Reuters) -Fuel oil margins climbed after U.S. President Donald Trump reimposed a stricter policy on ...

The main culprit standing in Trump's way of his "drill, baby drill" agenda may be the US oil industry itself, which has boomed in recent years and pushed crude production to historic levels.

U.S. oil and gas companies have spent huge amounts in increasing their oil and gas production in recent years. This is largely in response to the Russian invasion of Ukraine and subsequent ...

OPEC producers, US oil companies are private and have shareholders to pay, and secondly, the producer’s breakeven prices for ...

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