The Trump White House confirms efforts to restore the nation's emergency oil reserve following its depletion during the previous Biden administration.

The U.S. is weighing its military options in oil-rich Venezuela, influencing elections in other South American petroleum nations, and increasingly trying to control natural resources in the Americas.

Donald Trump called NBC's Yamiche Alcindor 'very aggressive' for asking about seized Venezuelan oil and new Jeffrey Epstein photos.

Harold Hamm, an Oklahoma oil tycoon, has played a central role in reshaping energy policy by allying himself with President Trump.

Drilling for oil and gas in the Arctic National Wildlife Refuge and the Beaufort Sea off Prudhoe Bay in Alaska would be a massive undertaking. These projects require years of development and are subject to future reversals in federal policy—just as Trump has lifted long-standing drilling bans in those areas, at least for now.

BP, Shell and Chevron were among 30 companies that submitted bids totalling $371.8mn for oil and gas drilling rights in the US Gulf of Mexico on Wednesday, the first offshore lease sales held under the Trump administration.

Venezuela is likely to retain its seat in OPEC even if U.S. President Donald Trump successfully forces a change of government in the oil-rich country, as the U.S. is seeking to bolster its alliance with the cartel even as it expands its own sphere of influence.