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…
Trump moves to ease methane emissions rules for oil and gas industry (VDE:NYSEARCA)
President Donald Trump said Tuesday that his administration plans to roll back a Biden-era regulation aimed at reducing methane emissions from oil and gas drilling. Methane, a potent greenhouse gas, is the second-largest contributor to climate…
Oil Prices Rise as Houthi Militants Target Saudi Energy
Oil prices rose Wednesday as traders assessed renewed threats to Middle East energy supplies after Yemen's Houthi militants said they targeted Saudi Arabia 's largest oil refinery. December Brent crude futures rose 1.9% to $116.03 a barrel, while…
The Oil Market Should Brace for a Forever Stalemate in Iran
The oil market sees the future of the Iran war as binary. Either Tehran and Washington reach a deal — in days rather than months — or they head into an extended and worsening conflict. With few signs of peace, the market is…
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…
UK Budget Tests Bond Markets as Fed, ECB and Oil Risks Loom
This article is for subscribers only. In today's Markets Daily UK: the budget will be presented in a few hours, plus earnings from Standard Chartered, Unilever and GSK. Throughout the day, get the latest news and analysis on the Markets Today live…
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…
U.S. Tight Oil Scenario, October 2026
For the most recent 6 years, the annual decline rate of normalized EUR for the average Permian Basin well is about 3.5% per year. The annualized decline rate for the EUR normalized to a 10,000-foot lateral for the Permian, Bakken and Eagle Ford is…
Receive a Daily briefing on Oil Industry News
Get Started