Companies with much to lose, and gain, from the Trump administration are honoring the president’s rebranding of the Gulf of ...

On Feb. 15, 1898, the U.S. battleship Maine exploded in Havana harbor, killing 260 crewmen and leading to a U.S. declaration ...

U.S. drilling activity increased for the third consecutive week, with Texas adding the most rigs, according to Baker Hughes.

The number of oil rigs in the US rose by one in the week ended Friday, according to data compiled by energy services company Baker Hughes (BKR). The count for oil advanced to 481 rigs from 480 last ...

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

The added rigs are evenly split, one oil-targeted, and one gas-targeted, bringing the respective totals to 481 and 101 rigs ...

(Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since ...

Baker Hughes (BKR) reports that the U.S. rig count is up 2 from last week to 588 with oil rigs up 1 to 481, gas rigs up 1 to 101 and ...

India agreed to boost oil and gas imports from the U.S. in an effort to reduce the trade imbalance between the two countries ...

Cushing has seen a dramatic increase in its tankage and pipeline connectivity, solidifying its position as the world's ...

Nabors Industries Ltd. (NYSE:NBR – Get Free Report) shares reached a new 52-week low on Thursday following a dissappointing earnings announcement. The stock traded as low as $44.00 and last traded at ...

In the 1920s, oil was becoming a hot commodity in Texas. The success of the Spindletop oil well in Beaumont in 1901 had set ...