New Mexico’s lawsuit accuses three Texas oil executives of pocketing revenue from oil and gas wells and offloading cleanup costs to the public. An investigation in 2024 by ProPublica and Capital & ...

Discovering oil or gas in significant volume… is a rarity. The new natural gas discovery in offshore Palawan Island is the ...

Mexican billionaire Carlos Slim's Grupo Carso will acquire complete ownership of two Gulf of Mexico oil fields after agreeing ...

A new discovery in the Permian Basin is challenging the narrative that shale oil and gas in the United States is declining.

Glencore (GLNCY) could gain from renewed Venezuelan oil flows and heavy crude demand. Read the latest analysis on the stock ...

Beacon Offshore Energy LLC, Houston, announced that it has commenced oil and natural gas production from the Zephyrus field, ...

Grupo Carso has agreed to purchase the Russian oil company Lukoil’s subsidiary to gain full control of the Ichalkil and ...

Donald Trump’s destruction of the civil service is a tragedy not just for the roughly 300,000 workers who have been discarded ...

Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.

Authorities in New Mexico issued an arrest warrant Friday for director and Emmy Award-winning actor Timothy Busfield to face a child sex abuse charge. An investigator with the Albuquerque Police ...

When President Trump announced the capture of former Venezuelan President Nicolás Maduro and his wife on Saturday, he justified the military operation in part by framing it as a move to recover assets ...