March 18 (Reuters) - The U.S. government on Wednesday will hold a sale of oil and gas drilling rights in Alaska's National Petroleum Reserve for the first time since 2019, the latest test of the industry's appetite for acreage in the state.

Oil pumping operations are expected to begin imminently off the coast of California after President Trump issued an executive order Friday to resume oil drilling operations near Santa Barbara, The Post has learned.

Texas’ status as the nation’s largest oil producer will partially insulate its residents from some gas price hikes, but it’s not immune to disruptions, experts say.

Four of the world’s biggest oil and gas companies have spent the last four years systematically shifting away from climate-friendly advertising to push a new message: fossil fue

The meeting comes as oil and gasoline prices have spiked after Iran closed a key waterway for global oil shipments.

The Biden-era rule, finalized in 2024, had divided the oil and gas industry, with some major producers throwing their support behind it.

A 2019 law that overhauled how oil and gas are regulated was aimed at reducing clashes between the industry and communities beset by drilling. For both sides, the verdict is still out.