The primary lobbying group representing the fossil fuel industry joined five Republican attorneys general Friday in a lawsuit challenging restrictions on offshore drilling announced in the waning ...

U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row to the lowest ...

Vår Energi discovered gas in the Elgol prospect in the Barents Sea, but preliminary estimates indicate that the discovery is not profitable.

Oilfield company SLB raised its quarterly dividend and accelerated share repurchases on Friday as its fourth-quarter profit ...

Strict capital management by upstream energy firms is leading to decreased demand for oilfield services, creating a ...

Weakness in North American activity is likely to have impacted the fourth-quarter earnings of Halliburton (HAL).