JUNEAU, Alaska (AP) — President-elect Donald Trump promised repeatedly during his campaign to expand oil drilling in the U.S.

The number of oil rigs in the US decreased by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil dropped to 478 from 479 on a ...

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Active rigs drilling for oil and gas in the U.S. fell by 1 to 584 after finishing flat for three straight weeks, Baker Hughes ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks, energy ...

On Tuesday, the Organization of the Petroleum Exporting Countries cut its global oil demand growth forecast to 1.82 million bpd in 2024, down from 1.93 million bpd forecast last month, on weak demand ...

COP President Mukhtar Babayev, a former oil executive, has emphasized reducing methane from waste and increasing battery ...

Those concerns were highlighted in the 1970s when episodes of sharply rising oil prices led to recessions, economic stagnation, and high inflation. However, recent gains in U.S. oil and natural ...

Papua New Guinea's national oil and gas company completed a transaction to acquire from Santos an additional interest in the ...

In contrast, oil stocks were some of the few shining stars during the bear market of 2022. In fact, energy was the only sector to post a gain that year. This year? Not so much. Of the 23 energy ...

CALGARY - Cenovus Energy Inc.‘s West White Rose project off the coast of Newfoundland has reached a major milestone with the completed refurbishment of the massive vessel that will operate in ...

The company is Canada’s largest drilling rig contractor, and as such, serves as a barometer for the overall health of the country’s energy sector.