Venezuela, Trump and oil
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US Oil Drilling Activity Ends Down for 2025, But Production Still Near Highs
The total number of active drilling rigs for oil and gas in the United States rose by 1 this week, according to new data that Baker Hughes published earlier this week
Worries abound that the coast along Santa Barbara, which would be the site of most of the new oil drilling leases the federal government proposed, would endanger the area.
Upstream President Liam Mallon recently dismissed the notion that U.S. producers will dramatically increase output under a second Trump term. Lower profits at major oil companies could further diminish the appetite to drill more. The dimming outlook for ...
State officials and environmental groups urge Californians to submit comments by Jan. 23, citing $51 billion ocean economy at stake.
The move restores a 2020 plan issued in Trump's first term that opened much of the 23-million-acre petroleum reserve to drilling.
Opposition to oil drilling off Florida's east coast is a uniting force for Democrats and Republicans
TALLAHASSEE, Fla. — The federal government is considering a program to open nearly all of the U.S. coastline to oil drilling, even in areas such as Florida’s east coast in which there is a moratorium for drilling. It appears this issue is one in which ...
(Bloomberg) -- US President Donald Trump revoked offshore oil and gas leasing bans that effectively blocked drilling in most US coastal waters as he made sweeping moves his first hours in office to unleash American energy development. Trump’s move came ...
Joined by climate advocates and local officials at the Inglewood Oil Field near Los Angeles on Wednesday, Newsom signed three bills to further regulate oil drilling throughout the state. Advocates erupted in chants as the bills were signed into law.
The plunge in oil prices to four-year lows has seeded doubt as to whether the oil and gas industry will be able to deliver more drilling, as President Donald Trump has sought. Just after 11 a.m., both domestic and international benchmarks were trading ...
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Wright said he was speaking to U.S. oil companies to learn what conditions would enable them to enter the South American country and added that he wanted to sell Venezuelan oil to U.S. refineries.