Oil & Gas

The discount applies at more than 7,000 Amoco, AM/PM and BP gas stations across the country.

Hydraulic fracturing, also known as fracking, is the process of injecting water, sand, and/or chemicals into a well to break up underground bedrock to free up oil or gas reserves.

Gas prices are once again on the decline across the U.S. That’s bringing some relief to drivers now paying a little less to fill up their tanks.

A request from Peoples Gas for an additional $7.9 million rate hike was denied by the Illinois Commerce Commission Thursday, officials said.

Industry experts warn of a continuing trend, with the national average already jumping by 7 cents in the past week alone.

Officials have revealed the cause of strong natural gas odors in Chicago’s south and southwest suburbs that sparked hundreds of 911 calls on Wednesday, NBC Chicago’s Regina Waldroup reports.

A smell of natural gas reported in several Chicago suburbs on Tuesday can be attributed to equipment maintenance at a facility in Iowa, NBC Chicago’s Evrod Cassimy reports.

Residents in several communities in the far western suburbs have reported odors of natural gas early Tuesday evening, with Nicor Gas crews currently monitoring the smell, officials said.

Chevron is buying Hess for $53 billion and it’s not even the biggest acquisition in the energy sector this month as oil prices surge.

Fifty years after the 1973 Arab oil embargo, the current crisis in the Middle East has the potential to disrupt global oil supplies and raise prices.

Consumer advocates asked regulatory officials to decline a proposed rate hike by Peoples Gas, NBC Chicago’s Courtney Sisk reports.

An administrative law judge has recommended that state regulators approve a smaller rate increase for Peoples Gas than the utility asked for — but the increase would still add up to the biggest hike customers have ever seen in Illinois.

Oil prices are up, and that affects people far and wide. Russia is earning money that it can use to wage its war against Ukraine.

The heat is about to be turned up on fossil fuels, the United States and President Joe Biden.

Drivers are in for another headache at the pump as U.S. gas prices continue to rise. Here’s what you need to know.

The national average price for gas continues to spike amid rising oil prices, reaching its highest mark since last November.

Saudi Arabia says it will reduce how much oil it sends to the global economy.