A short-term embrace of fossil fuels may be necessary to stave off gasoline shortages, Newsom’s administration says.

At least seven states limit the costs oil and gas companies can pass on to the people they lease drilling rights from. Here’s ...

Ukraine has been striking Russia’s oil industry daily in August. Ukrainian long-range drones are hitting refineries and ...

One morning in February 2023, a small group of mineral owners arrived at the North Dakota Capitol on a mission. They had traveled from across the state and other parts of the country to explain to ...

A Russia-Ukraine peace accord would lower fuel prices, but any stalemate or escalation is a boon for the oil industry.

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

Oil prices slipped on Wednesday as investors perceived the risk of an industry glut. West Texas Intermediate (CL=F) futures fell as much as 1.6% to hover above $62 per barrel. Brent crude (BZ=F), the ...

Norwegian oil and gas investments are expected to peak this year, and start declining next year as major projects are ...

Oil prices were little changed on Wednesday after falling in the previous session after an industry report showed U.S. crude ...

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

Gov. Gavin Newsom speaks at the Capitol in Sacramento in March 2023 before signing a bill aimed at the oil industry and refiners in the state. (Xavier Mascareñas/The Sacramento Bee via AP) ...

It’s rare, but U.S. biofuels and petroleum industry groups have been working together with EPA to broker higher mandated blending levels for biomass based diesel.