CNBC's Megan Cassella joins 'Power Lunch' to report on the headlines from Trump's latest remarks from the Oval Office.

President Donald Trump has signed an executive order formally creating a National Energy Dominance Council and directed it to ...

President Trump’s “Drill, baby, drill” initiatives may cause a demand spike for offshore drillers. Trump signed an executive ...

This isn't the first time President Trump has sought to reverse drilling bans. As he learned in his first term, it won't be easy.

Republicans won control of Congress and the White House in part due to rampant inflation that plagued the globe after the ...

Top offshore driller Seadrill has been ordered by a Norwegian court to pay compensation to the owner of the deepwater rig ...

Transocean (RIG), a provider of offshore drilling services for oil and gas wells, looks to leverage its fleet, which is ...

Part of that plan, lawmakers have said, is reversing at least part of President Joe Biden’s order to block offshore drilling ...

The offshore wind industry has bipartisan support in Louisiana, including from traditional companies in the oil-and-gas ...

China has launched a new ultradeep drilling campaign, aiming to unlock oil and gas resources from depths exceeding 8,000 ...

Public sector giant plans to invest between $3 billion and $4 billion during ongoing financial year, mostly on offshore ...

When former President Joe Biden acted on Jan. 6 to ban offshore drilling across 625 million acres of American coastal waters, he drew immediate criticism from the man slated to succeed him.