Paramount+ announced on Wednesday that Demi Moore has joined the cast of the forthcoming Billy Bob Thornton drama Landman.The new project from Yellowstone hitmaker Taylor Sheridan will have the Indecent Proposal star playing Cami, wife to one of the most powerful oil men in... Read More.
(NEW YORK) -- U.S. airstrikes against Houthi targets in Yemen on Thursday night escalated an ongoing conflict over a shipping route that holds significant implications for oil prices and inflation.The military operation, undertaken in partnership with the United Kingdom, came in response to a... Read More.
(LONDON) -- An oil tanker was seized by the Iranian Navy in the waters between Iran and Oman on Thursday, according to state media.Iran's state-run news agency IRNA published a brief story confirming the seizure by the navy but did not identify the vessel.Earlier... Read More.
(The Center Square) – A U.S. House Energy and Commerce subcommittee highlighted how the U.S. oil and natural gas industry is a global leader in clean energy production... Read More.
Fox's new game show, Snake Oil, takes a page from Shark Tank but with a twist: Some of the contestants looking for investors just may be plugging a fictional product.Helping to separate fact from fiction is host David Spade. The Saturday Night Live veteran... Read More.
(NEW YORK) -- Oil prices have climbed over fears the Israel-Hamas war could embroil the wider petroleum-producing Gulf region and threaten global output.The global Brent oil benchmark rose nearly 5% in trading on Monday, reversing some of a major decline in recent weeks that had... Read More.
(NEW YORK) -- There are tens of thousands of inactive offshore oil and gas wells that remain unplugged in the U.S., posing the risk of possible leaks into the ocean, according to new research.Over 14,000 inactive oil and gas wells in the Gulf of... Read More.
(NEW YORK) -- A group of oil-producing nations imposed a significant cut in oil output with far-reaching consequences for U.S. gas prices, industry analysts told ABC News.The alliance of countries known as OPEC+, led by Saudi Arabia and Russia, agreed on Sunday to cut... Read More.
(NEW YORK) -- Despite heavy opposition from environmental activists, a viral TikTok campaign and a campaign promise by President Joe Bien to move the U.S. away from fossil fuels, the federal government greenlighted a controversial oil drilling project on pristine Alaskan land on Monday.... Read More.
(WASHINGTON) -- The Biden administration approved a roughly $8 billion oil drilling project in Alaska on Monday, which is a significant climate decision for the administration that had pledged to move away from fossil fuels.The Interior Department gave formal approval of the ConocoPhillips Willow... Read More.
(WASHINGTON) -- Oil spills along the Keystone pipeline that runs from Canada to Texas have become more frequent and severe, prompting stricter regulations for a 1,200-mile stretch of the pipeline, a federal agency said on Tuesday.TC Energy, the company that operates the Keystone pipeline,... Read More.
(INDIANAPOLIS) -- A suspect remains at large after a man was shot dead outside Lucas Oil Stadium in downtown Indianapolis on Monday night, police said.The Indianapolis Metropolitan Police Department deployed officers to the scene just before 10 p.m. ET, after receiving multiple reports that... Read More.