The firm’s chief executive said the field in the Baltic Sea might eventually produce up to 40,000 barrels of oil a day, ...

Oklahoma City-based Flywheel Energy, a private oil and gas company, would operate the assets on its backer's behalf, a source ...

Tests confirmed a 62-m hydrocarbon column with excellent reservoir properties for oil and gas production in the Main Dolomite geological formation.

Companies are using advanced technology to drill many miles underground to reach the hot rock below. Their quest is to make ...

A damaged pipe just north of the lake leaked 2,600 barrels of crude oil in early May, according to a report by the ...

Gas prices typically increase in the summer, particularly ahead of the July Fourth holiday. This map shows how gas prices have changed from June 16 to June 23 amid the Israel-Iran conflict.

The closure of the Strait of Hormuz would have potentially devastating flow-on effects for oil supplies and prices in Australia.

AI is poised to provide the US oil and gas industry with powerful tools to operate more intelligently, safely, and sustainably.

Israel has attacked oil and gas facilities that serve Iran’s domestic needs, rather than export facilities, meaning little global supply has been lost. If that remains the case, prices should ...