"If oil does go into lower $60s or upper $50s, public independents that are already capital disciplined are going to have to cut their budget and cut rigs," said Bryan Sheffield, founder of energy ...

Experience the reasons behind the high salaries of workers on offshore oil rigs, where harsh conditions and demanding work lead to significant financial rewards. These employees endure extreme ...

The Department of the Interior announced Thursday it would no longer require the Bureau of Land Management to produce an environmental impact statement for thousands of oil and gas leases in seven ...

Oil prices and treasury yields plummeted recently as tariffs roiled markets. President Donald Trump has repeatedly touted a drop in oil prices and borrowing costs as a sign that sweeping new ...

Stonewall County Judge Ronnie Moorhead said the project, led by Swenson Solar, will benefit the county, especially given the recent decrease in oil rigs in the area. “They’re going to be ...

Oil prices slid 2% to a nearly four-year low on April 7 on worries U.S. President Donald Trump's latest trade tariffs could push economies around the world into recession and reduce global demand for ...

Oil and Natural Gas Corporation (ONGC) has found its confidence tested as crude prices tumbled below the USD 60 mark — a level the state-run producer had recently insisted was unlikely to be breached.

Baker Hughes reported Friday that active US oil rigs in the week ending April 4 rose +5 rigs to a 10-month high of 489 rigs, moderately above the 3-year low of 472 rigs posted on January 24.

An offshore oil platform with Santa Cruz Island in the background in California's Santa Barbara Channel. (Marli Miller/UCG/via Getty Images) ...

More than 50 years ago, a catastrophic oil spill along Santa Barbara’s coastline served to galvanize the modern environmental movement and also helped to usher in one of the state’s strongest ...