The modern oil industry began in 1859 with the drilling of the first oil well in Pennsylvania, leading to a boom that transformed the global economy. Oil's dominance was solidified by the rise of the automobile industry and its critical role in World War I.

Archaeologists in Syedra, Turkey, have identified more than 100 olive oil workshops, suggesting widespread production during antiquity.

WASHINGTON, DC - APRIL 08: U.S. President Donald Trump holds an executive orders after signing a series of orders on American energy production during a ceremony in the East Room of the White House on April 08, 2025 in Washington, DC. The Trump ...

The president is calling for energy dominance, but aging shale plays aren’t positioned to deliver a surge of new oil production. President Donald Trump wants to “unleash” American energy. The problem: U.S. oil production growth is starting to dwindle.

The United States has more than a million oil wells, and those no longer in use need to be closed properly — otherwise, they can leak oil, methane, and a host of other poisons into our air and water. The infrastructure, like platforms and pipelines ...

Ecuador's oil production has significantly decreased to multi-year lows due to the shutdown of its two largest crude pipelines, SOTE and OCP, caused by heavy rains and intensified erosion along the Coca River. The pipeline closures have led to the ...

Almost 10 years to the day after a massive oil spill fouled the Santa Barbara coastline and prompted the closure of several drilling platforms, a Texas-based company says it has resumed crude oil production in nearby federal waters. To the shock and ...

President Donald Trump on Jan. 6 praised the U.S. raid in Venezuela that captured President Nicolás Maduro and said soldiers “on the other side” were killed.