Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Trump unveils plan to loosen methane rules for oil and gas industry
Texas is the top oil-producing state in the country. The president's announcement comes as the administration has taken several steps to curb high fuel prices, which have been driven by the wars in Iran and Ukraine. Nationwide diesel prices remain…
Trump to unveil plan to loosen methane rules for oil and gas industry
President Donald Trump is set to announce a proposed rule easing methane emission requirements for oil and gas producers as part of his latest effort to boost domestic production and lower fuel prices. Trump is expected to announce the proposed…
Tourmaline Oil Corp. stock falls Tuesday, underperforms market
Shares of Tourmaline Oil Corp. TOU shed 0.16% to C$67.33 Tuesday, in what proved to be an otherwise all-around positive trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE rising 0.63% to 36,171.49. Tourmaline Oil Corp.
Bartolotta, Borello talk future of oil & gas industry in District 46 one week before election day
Updated: 5:52 PM EDT Oct 27, 2026 Editorial Standards ⓘ Updated: 5:52 PM EDT Oct 27, 2026 Editorial Standards ⓘ WASHINGTON COUNTY, Pa. — Nearly 4,000 oil and gas wells have been drilled in Washington County since 2007. More…
Trump announces proposal to loosen methane rules for oil and gas production
President Trump announced plans to loosen methane regulations from the oil and gas sector during a Lubbock, Texas rally Tuesday night. The announcement came during the president's second campaign stop of the day in Texas, during which he aimed to…
Oil Markets on Edge Amid Elections, War
Oil prices fell to around $114 a barrel on Tuesday amid a growing number of geopolitical developments that could affect energy markets in the coming days. From the pending Israeli election to the US midterms next week and the potential for renewed…
Trump easing methane rules for oil and gas
The Trump administration is planning to loosen regulations on methane emissions from the oil and gas sector, and particularly for low-producing, high-emitting oil and gas wells. © AP Photo/Matthew Brown, File President Trump will announce a…
Reports: Trump to loosen rules on methane emissions for oil firms
Oct. 27 (UPI) -- The Trump administration plans to weaken rules on methane emissions for oil and gas companies, multiple sources reported Tuesday. President Donald Trump is expected to announce the plans Tuesday at a campaign rally in Texas, The…
Oil Rises as Traders Focus on Potential Supply Risks
0022 GMT — Oil gains in Asian trade. While prospects of diplomatic talks eased tension in the Middle East, they failed to generate any meaningful selling interest, as traders are increasingly focused on what is happening on the ground, say…
Trump's EPA is letting America's leakiest oil and gas companies off the hook
At a campaign rally on Tuesday, President Donald Trump said his administration is going to dismantle restrictions on methane, one of the most common and potent planet-warming greenhouse gases. The new rule, proposed by the Environmental Protection…
Trump Aims to Loosen Methane Controls on Oil and Gas Sector
President Donald Trump on Tuesday formally proposed scaling back methane controls on oil and gas companies, marking his administration's latest big move to unravel federal regulations designed to address human-caused climate change. “I'm…
Tech Stocks Power Higher, Oil Cools
This is an edition of the Markets P.M. newsletter, a recap of the day's most important markets moves, delivered after the closing bell. If you're not subscribed, sign up here. Tech stocks extended their gains after Monday's Anthropic rally.
The AI trade is driving global markets more than oil, Goldman Sachs says
Artificial intelligence has become such a powerful force in financial markets that semiconductor stocks are now doing more to explain movements across asset classes than oil prices, according to Goldman Sachs. 'Tech has become an increasingly…
Trump plans to loosen restrictions on methane emissions from oil drilling
President Donald Trump is expected to announce plans Tuesday to loosen a Biden-era rule that aimed to reduce planet-warming emissions of methane from oil and gas drilling. Trump was to deliver the announcement as he campaigned in Texas, according…
WATCH: Trump says Venezuela sent him 1 million barrels of oil as a 'gift
WASHINGTON (AP) — President Donald Trump and Secretary of State Marco Rubio on Tuesday plan to show off a newly arrived oil tanker filled with Venezuelan crude to be processed in Texas refineries, according to a congressional aide and two…
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