Companies that violate the Illinois Oil and Gas Act could face stiffer fines under a new bill aimed at reducing the thousands of abandoned oil and gas wells scattered throughout downstate Illinois.

Two extremes are currently playing out in the Permian Basin. Drillers are reaping the benefits of a historic price rally due to the Iran war. But when it comes to natural gas, they’re having to pay ...

When the day comes, the reopening of the Strait of Hormuz will be an extraordinary event: restarting about 10,000 oil wells, pumping roughly 15% of the world’s production, that had been shut down for ...

Oil well operators are required by law to plug wells once they’re finished using them, in order to prevent leaks. But yet, there are likely millions nationwide that haven’t been plugged. On a suburban ...

Oil and gas drilling activity in Colorado was down in 2025, leading to fewer total air emissions — even as emissions for each new well are projected to rise, according to a report from the state ...

The clock is ticking for President Donald Trump to get a deal done with Iran. Or maybe it’s the other way around: Iran could be dealing with a ticking time bomb – in its own oil wells! With just days ...

BISMARCK — North Dakota’s latest oil numbers indicate an uptick in multiple areas, an impact of the U.S. war with Iran. The state Department of Mineral Resources held its monthly “Director’s Cut” ...

The technology giant behind an enormous data center under construction in southern New Mexico announced this week it would contribute to assessing and capping abandoned oil and natural gas wells in ...

Several U.S. states are advancing legislation and studies to evaluate whether abandoned oil and gas wells can be converted into geothermal energy sites. Repurposing orphan wells could reduce methane ...

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States across the US are looking to take major sources of pollution and use them to generate much-needed power. As states seek out much-needed supplies of clean, reliable energy, some are looking to ...

OKMULGEE, Okla.—There are a few truisms in the oil and gas industry: It is crowded with prodigious egos, there is always a boom around the corner and some industry operators aren’t above walking away ...