President Donald Trump has vowed to “drill, baby, drill” with promises to unleash U.S. oil and gas production. There is one problem with that – the oil companies might not want to.

The House passed a GOP-led bill on Friday to prevent presidents from placing bans on fracking before receiving congressional ...

U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Despite Trump’s full-throttle push to “unleash” U.S. energy, Permian oil producers are keeping their foot on the brakes. At a ...

The total rig count rose by six rigs, to 582, according to Baker Hughes, down 37 from this same time last year.

There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...

The only problem is, it's not up to him.

But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

Petróleo Brasileiro S.A. - Petrobras PBR recently awarded drilling contracts to EBS Perfurações and Conterp to expand its onshore oil and gas production. The agreements, valued at approximately R$707 ...

Despite President Donald Trump’s calls to “drill, baby, drill,” many oil companies operating in the Gulf of Mexico will ...

Donald Trump’s mantra during his campaign for the presidency to the American public and U.S. oil producers was: “Drill, baby, ...