The Saudis have a powerful tool in their ability to raise oil prices but are loathe to use it. And they could not easily switch to China or Russia for defense.
Battling big expense and persistent protests, Cuadrilla Resources returns to again attempt shale gas production after its first effort triggered small tremors.
At a campaign rally in Iowa, President Trump painted his opposition as an “angry left-wing mob” that has “become too dangerous to govern.”
The new rules will allow ethanol-blend gasoline to be sold during the summer months, ending a ban designed to limit smog, and angering the oil industry and lawmakers from oil states.
Inaccurate statistics on how much oil is being produced on any given day can affect the oil market.
The government oil company, crippled by sanctions and domestic turmoil, is so deep in debt that a United States subsidiary may be lost as collateral.
New rules don't require oil companies to design gear for “most extreme” conditions, such as violent weather or heavy pressure within undersea wells — a key factor in the deadly 2010 blowout.
New rules will no longer require oil companies to design gear for “most extreme” conditions, such as violent weather or heavy pressure within undersea wells — a key factor in the deadly 2010 blowout.
President Trump has been pressuring the oil producers to pump more and hold down prices. But the Saudis and their allies say customers have adequate supplies.
Iranian exports have fallen without a feared surge in global prices, thanks to plentiful supplies. Still, the policy’s success could be fleeting.
A huge grid covers the landscape just outside the Arctic National Wildlife Refuge, from seismic testing for oil and gas. Parts of the refuge itself could soon look the same way.
The revisions have wide-reaching implications, including for how the federal government would protect species from climate change.
Senators voted 51 to 49 to block a measure that would have undone a regulation to control the release of methane from oil and gas wells on public land.