A new proposal from the Trump administration that could open the eastern Gulf to oil drilling is causing the rarest of things ...

Oil and gas production on the Outer Continental Shelf generated $7 billion in federal revenue in the 2024 fiscal year.

The Trump administration plans to auction offshore drilling rights across roughly half of the Gulf of Mexico next month, the first of 30 such lease sales in the area.

The Trump administration proposed Thursday to open up new oil and gas drilling off the coast of California, a move that had ...

The Trump administration has been making moves to open up oil and gas drilling to create jobs and increase energy security.

(Reuters) -The U.S. Interior Department said on Wednesday a congressionally mandated oil and gas drilling lease auction in Alaska's Arctic National Wildlife Refuge received no bids from energy ...

Fossil fuels amount to 86 percent of annual carbon dioxide emissions and a significant portion of methane, nitrous oxide, and black carbon emissions. But amazingly, the Paris Agreement, the world’s ...

RIO DE JANEIRO — Exxon Mobil and other oil companies opened their wallets at an offshore oil auction in Brazil on Thursday in a sign that the industry was stepping back into the deepwater drilling ...

(Bloomberg) -- Oil companies declined to bid in a US government auction for drilling rights in the Arctic National Wildlife Refuge, as industry interest wanes in a region that’s rich with crude but ...