Sir Edward Leigh, the Conservative MP for Gainsborough said: "I'm very excited and I'm not going to dismiss it." The gas is buried about 2km underground in shales and sandstones.

"So we'll have an asset that will produce something over 1 million barrels a day for many, many years into the future." ...

On federal land, oil and gas companies have more than 24 million acres under lease but close to half are not producing, ...

Donald Trump’s return to the White House has raised fears that the global energy transition will be thrown into reverse.

Warren Buffett is a big investor in the oil business, and BP's performance has been attracting investor attention in results ...

A new poll by the Angus Reid Institute released Thursday underscores that shift. In the summer of 2023, just 23 per cent of ...

Despite making nice on his recent visit to see Los Angeles fire damage, the president’s years-long battles with state ...

China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...

Donald Trump Asks PM Narendra Modi To Buy F-35 Jets, Crude Oil Worth Billions Of Dollars While Imposing Reciprocal Tariffs ...

The European Union has backed its decision to hire a Republican-linked PR firm with a string of fossil fuel clients.

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 ...

Harvard scientist Naomi Oreskes, described by Haaretz as a “climate historian,” recently criticized President Trump’s pledge ...