The US Energy Secretary, Chris Wright, has announced plans to seek up to $20bn to achieve President Donald Trump's objective ...

Since exploration began in the upper Paleozoic reservoirs of the Wind River, Bighorn and Powder River basins in the 1920s, the area has produced some 4 billion bbl of oil, equivalent to about six ...

While former President Joe Biden wasn’t the first president to use the Strategic Petroleum Reserve for political reasons, he drained it more than any president before him. The frequent draws and ...

The United States–Saudi “petrodollar” arrangement has underpinned American economic and military power for nearly five ...

(Reuters) - US Energy Secretary Chris Wright plans to seek up to $20 billion to accomplish President Donald Trump's goal of ...

U.S. Energy Secretary Chris Wright plans to seek as much as $20B to fulfill President Trump's goal of refilling the country's ...

Saudi Arabia's shipments of crude oil to its biggest customer, China, are expected to drop in April to their lowest in more ...

U.S. Energy Secretary Chris Wright plans to seek up to $20 billion to accomplish President Donald Trump’s goal of refilling the nation’s depleted oil reserve to its maximum capacity, Bloomberg writes.

The International Energy Agency (IEA) has shifted its stance, with Executive Director Fatih Birol stating that upstream investments in existing oil and gas fields are necessary to support global ...