Oil & Gas Industry News

Two oil tankers were attacked near the Black Sea loading terminal for the Caspian Pipeline Consortium.

'This is a challenging price environment for America's independent producers', IPAA President and CEO Edith Naegele said.

Oil prices jumped to their highest level since December as unrest in Iran raised fears of supply disruptions.

Former Alaska Representative Mary Peltola launched a campaign Monday to challenge Republican Dan Sullivan for one of Alaska's Senate seats.

North America added 94 rigs week on week, according to Baker Hughes' latest North America rotary rig count.

President Donald Trump signaled he's leaning toward excluding Exxon Mobil Corp. from his push for U.S. oil majors to rebuild Venezuela's petroleum industry.

The volume of Venezuelan crude floating at sea has spiked to the highest level in more than three years.

Oil prices rose for a third week as unrest in Iran heightened geopolitical risk.

The Texas oil and natural gas industry employed 495,501 Texans last year, according to TXOGA's 2025 Energy and Economic Impact report.

The Trump administration is unlikely to provide financial support to help U.S. oil companies revitalize Venezuela's oil sector, Interior Secretary Doug Burgum said Friday.