Donald Trump assigned Doug Burgum a singular mission in nominating the governor of oil-rich North Dakota to lead an agency that oversees a half-billion acres of federal land and vast areas offshore: “Drill baby drill.”.

Saudi Arabia and allied oil producing countries have extended their deep output cuts aimed at supporting slack prices.

Nearly every Alaskan will receive a check for $1,312 this week, the annual dividend from the earnings of the state’s nest-egg oil-wealth fund.

Gas prices have trickled down over the past few weeks, but AAA said they may climb again soon, depending on how the markets react to news from OPEC.

Following an ongoing energy crisis that has seen fuel prices soar both in Florida and across the country, the American Petroleum Institute sent a letter to the President Biden’s office with ten “immediate steps” the organization recommends to help increase energy supply.

President Joe Biden is ordering a record 50 million barrels of oil released from America's strategic reserve to help bring down energy costs.

The OPEC oil cartel and allied producing countries have confirmed plans to return 2.1 million barrels per day of oil output, balancing fears that COVID-19 outbreaks in some countries will sap demand against surging demand from recovering economies around the globe.