But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
This isn't the first time President Trump has sought to reverse drilling bans. As he learned in his first term, it won't be easy.
Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...
China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...
The number of active U.S. oil and gas drilling rigs fell for the second consecutive week, amidst a decline in US crude oil ...
U.S. drilling activity increased with the Permian Basin leading the surge, as Baker Hughes reports a rise in rig count for ...
Midland Reporter-Telegram on MSN11d
US drilling activity hits lowest level since 2021
Texas and the Permian Basin were hardest hit in this week's drilling activity decline as the rig count remains at three-year ...
New 25% tariffs on Canadian and Mexican oil imports may increase U.S. gasoline prices by up to 70 cents per gallon.
Act-Geo reported these findings to the Korea National Oil Corp. (KNOC), indicating potential deposits ranging from 680 ...
Local and national industry leaders agreed that Trump's new energy policies were overdue. But, that won't stop renewables ...