Gov. Gavin Newsom is proposing a bill to streamline permitting for new oil wells. It's a proposal that environmental groups say would wipe out scrutiny of the industry.

Norway's energy minister said on Friday he is preparing to launch a new oil and gas licensing round on the Norwegian ...

Trump would also look to expedite drilling permits on federal lands and quickly reopen five-year drilling plans off the U.S. coast to include more lease sales, the sources said.

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row, energy services firm Baker Hughes said in its closely followed report on Friday.

President Biden announced an 11th-hour executive action on Monday that bans new drilling and further oil and natural gas development on more than 625 million acres of U.S. coastal and offshore waters.

BP has made its largest oil and natural gas discovery in 25 years off the coast of Brazil, it said Monday, in a potential big ...

The ban does not affect areas where oil and gas development is currently underway, nor are there immediate plans for major drilling projects in the affected areas. Biden is set to discuss the move ...

The White House has announced its latest eleventh-hour action to curb President-elect Donald Trump’s pro-oil agenda with an executive order banning new oil and gas drilling in some federal waters.

President Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a last-minute effort to block possible action by the incoming Trump administration to expand offshore… ...