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TEHRAN, Iran (AP) — Iran has discovered a new oil field in the country's south with over 50 billion barrels of crude, its president said Sunday, a find that could boost the country's proven reserves by a third as it struggles to sell energy abroad over U.S. sanctions.

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WASHINGTON (AP) — The Trump administration accelerated the pace of its environmental rollbacks for the country's coal-fired power plants Monday, proposing to weaken two Obama-era rules aimed at cleaning up dangerous heavy metals and ash from coal plants into groundwater and waterways.

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John C. Goff, chairman of Fort Worth-based Crescent Real Estate LLC, has been appointed non-executive chairman at Contango Oil & Gas Company (NYSE American: MCF). Goff is a current director and the company’s largest shareholder.

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DUBAI, United Arab Emirates (AP) — Outgoing U.S. Energy Secretary Rick Perry said Saturday that he asked President Donald Trump to make the phone call at the center of the impeachment inquiry because it was "important" for the country's energy needs and had nothing to do with former Vice Pre…

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NEW YORK (AP) — Exxon Mobil says it has prepared itself for the impact climate change regulations will have on its finances, denying allegations from New York's attorney general that the energy giant has deceived the public about how stricter emissions rules will affect its business.

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FREDERICKSBURG, Texas (AP) — One of the longest proposed new natural gas pipelines in the U.S. is set to run through Heath Frantzen's property in the Texas Hill Country, where more than 600 white-tailed and trophy axis deer graze on a hunting ranch his family has owned for three generations.

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WASHINGTON (AP) — Energy Secretary Rick Perry announced Thursday that he will leave his job by the end of the year, saying that under President Donald Trump the nation is nearing energy independence.

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Energy Secretary Rick Perry is planning to step down from his post by the end of the year, according to four individuals briefed on his plans, making him one of roughly a dozen Cabinet members to leave their post during President Trump’s administration.

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SANTA FE, N.M. (AP) — Methane sensors will be put on planes, trucks and atop towers in the West Texas and southeastern New Mexico desert in a new effort to gauge the extent of greenhouse gas emissions from surging oil and natural gas production, advocates with the Environmental Defense Fund …

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Basic Energy Services Inc. announced that T.M. “Roe” Patterson, the company’s president and chief executive officer and a member of its board of directors, has notified the company that he plans to transition away from the company to pursue other business opportunities.

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DALLAS (AP) — The price of gasoline crept higher after a weekend attack devastated Saudi Arabian oil output, but if the disruption to global supplies is short-lived, the impact on the U.S. economy will probably be modest.

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WASHINGTON (AP) — The U.S. tried to build its case Monday that Iran was behind the fiery weekend attack on key Saudi Arabian oil facilities that raised new war worries and sent energy prices spiraling worldwide. Iran denied responsibility, while President Donald Trump said the United States …

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DUBAI, United Arab Emirates (AP) — A weekend drone attack on Saudi Arabia that cut into global energy supplies and halved the kingdom's oil production threatened Sunday to fuel a regional crisis, as the U.S. released new evidence to back up its allegation that Iran was responsible for the as…

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DUBAI, United Arab Emirates (AP) — Global energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which President Donald Trump warned that the U.S. was "locked and loaded" to respond.

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DUBAI, United Arab Emirates (AP) — Saudi Arabia's King Salman replaced the country's energy minister with one of his own sons Sunday, naming Prince Abdulaziz bin Salman to one of the most important positions in the country as oil prices remain below what is needed to keep up with government …

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Trail Drive Management Corp. (TDMC), the not-for-profit operating entity of Dickies Arena, announced Reliant will become the official energy provider of Dickies Arena and a founding sponsor. The agreement also makes Reliant a major sponsor of the Fort Worth Stock Show & Rodeo.

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ALBUQUERQUE, N.M. (AP) — New Mexico's oil and gas industry is expected to keep growing at a record pace, resulting in more revenue for the state and billions of dollars in new infrastructure investments to get the commodities to market, according to a study commissioned by industry trade groups.

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ALBUQUERQUE, N.M. (AP) — New Mexico's new landmark energy law is facing its first legal challenge as a coalition of environmental and consumer advocacy groups filed a petition Monday with the state Supreme Court over concerns that certain provisions are unconstitutional.

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Houston-based Quorum Software, a Thoma Bravo portfolio company and a leader in digital transformation for the oil and gas industry, announced today that it has acquired Fort Worth-based OGsys, the leading provider of cloud-based oil and gas accounting software for small and medium-sized busi…

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Irving-based Vistra Energy (NYSE: VST) announced Aug. 20 it has entered into an agreement to acquire Ambit Energy for $475 million plus net working capital in an all-cash transaction. Following the closing of the transaction, Vistra's share of the ERCOT residential market will grow from appr…

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For well over a century, the vast reserves of oil and natural gas in Texas have contributed to business activity and job creation. We recently took a close look at the overall impact of the sector on business activity across the state and found that it directly or indirectly supports about o…

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Data from the Texas Workforce Commission shows job growth in the upstream oil and natural gas sector in April and May 2019 after a period of fluctuation in employment figures since the fall of 2018. The upstream sector gained 1,900 and 1,000 jobs in April and May, respectively.

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MONACA, Pa. (AP) — President Donald Trump sought to take credit Tuesday for the construction of a major manufacturing facility in western Pennsylvania as he tries to reinvigorate supporters in the Rust Belt towns that sent him to the White House in 2016.