oil and gas production

U.S. oil and gas rig count falls to 580, reflecting a year-over-year decline, as crude production slightly decreases and oil prices dip

Exxon aims to boost oil and gas output by 18 percent with $33 billion annual spending, focusing on low-cost, high-return energy projects.

Texas oil companies and utilities are scrambling to restore operations and power after Hurricane Beryl caused significant disruptions across the Gulf Coast.