Drilling activity held steady after posting its first loss in six weeks the previous week. Oilfield services firm Baker Hughes said Friday its weekly U.S. rig count was unchanged at 592 rigs and is ...

The good news for American drivers is that gasoline prices are coming down. And President Donald Trump was happy to take credit for what he sees as very good news.

Drilling activity posted its first decline in six weeks during the first week of March. Oilfield services firm Baker Hughes ...

Crude futures rose Friday with help of a recovery in U.S. stocks, ending a week of ups and downs inflicted by exchanges over tariffs between the U.S. and Canada, and between the U.S. and European ...

The mood at Houston’s big annual oil and gas get-together has been upbeat on the prospects for the industry under a fossil ...

The oil industry says upping production means lower prices for taxpayers, energy independence and good jobs for Americans. Is that really so?

Crude production in the United States returned to the top ten last week. The Energy Information Administration reports output ...

Oil prices rebounded from a three-year low on Thursday as investors resorted to lower level buying after Brent fell sharply ...

As consultations continue over resumption of crude oil drilling in Ogoniland, some women organisations are making demands ...

The company will drill over 70 wells, the highest ever in a year for the company, in the coming fiscal. OIL will also deploy advanced technologies to augment production at existing wells, said ...