The $5 billion project in the Gulf of Mexico is expected to help produce up to 10 billion barrels of oil by the end of this decade. Critics say it could endanger people and marine life.

The Persian Gulf island, targeted by U.S. strikes, is home to Iran’s main oil export terminal. Any disruption could jolt global energy markets.

President Trump said the U.S. military "totally obliterated" every military target on Kharg Island during large-scale ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil-producing countries. Read more here.

Welcome, everyone, and thank you for joining us for our fourth quarter and full year 2025 earnings call. On today's call, I will provide a brief summary of our financial results release yesterday, ...

A sale of ⁠drilling ⁠rights in the ⁠Gulf of Mexico on Wednesday ended ​with $46.98 million in high bids from oil and gas ‌companies, with a single ‌bid from BP accounting for nearly ⁠half ⁠of the ...

1528 ET – Crude oil futures settle the day slightly higher, but still finish the week losing ground. For the week, crude oil fell 1% to $62.89 a barrel. This afternoon’s Rig Count Report from Baker ...

North America added three rigs week on week, according to Baker Hughes’ latest North America rotary rig count, which was published on January 30. The total U.S. rig count rose by two week on week and ...

The weekly rig count in Canada continued its rise this week, but the year-over-year count is down 14 from the number of working rigs for the same period in 2025. The rig count in Canada ended the week ...

A long history of underinvestment, extreme political risk, and organized crime. These are just some of the issues that U.S. oil and minerals companies might face if they were to set foot into ...

An oil rig en route to an oil exploration effort in the Alaskan Arctic toppled onto the tundra. Credit: Doyon Drilling photo via the Alaska Department of Environmental Conservation When ConocoPhillips ...