Oil & Gas Industry News

Oil executives have emerged as an increasingly important source of funding for Donald Trump.

Brent crude oil prices soared above $80 per barrel as escalating tensions in the Middle East fueled concerns over potential disruptions to Iran's oil supply.

North America added three rigs week on week, according to Baker Hughes' latest rotary rig count.

The UK has enough capacity to store 200 years' worth of emissions, a government release highlighted.

Saudi Arabia raised its main oil prices for buyers in Asia amid heightened volatility in the crude market as traders watch developments in the Middle East conflict.

The above-ground site outside the town of Andrews in the Permian Basin oil field would be the first of its kind.

Oil tankers waiting nearby Iran's biggest crude-loading facility fled the area in the days since Tehran launched a missile salvo toward Israel.

Oil prices pared gains after President Biden advised Israel against attacking Iran's oil fields, though the market remained tense amid fears of potential disruptions to Middle East oil supplies.

Iran's leader called on the Arab world to unite amid the escalating conflict.

Executives from oil and gas firms have revealed where they expect the Henry Hub natural gas price to be at various points in the future as part of the latest Dallas Fed Energy Survey.