Environmental experts warn that U.S. plans under President Donald Trump to restart and control Venezuelan oil exports could ...

Oil futures settled higher on reports of a production halt in Kazakhstan’s major Tengiz oilfield due to power-grid ...

Headwater Exploration’s low production and development costs position it to outperform peers even in a potential recessionary ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...

Incoming President Donald Trump and his team have suggested that by expanding drilling, oil production might rise by 3 million barrels/day (mb/d), bringing down prices and thus U.S. inflation. This is ...

MITCHELL, S.D. — As you drive along Interstate 90 near Mitchell you will spot large buildings and grain bins being put up just south of town. That is the new High Plains Processing plant, which will ...

Some areas in the Permian have hit geological limits while others, yet to be drilled, are not expected to be as prolific as the prime Tier 1 acreage. Despite record U.S. crude oil production, limits ...

Natural depletion in shale reservoirs is signaling the end of rapid growth. Despite advancements like AI driving cost reductions and improving well output, there are physical and technological limits ...

The U.S. is a key player in the world of oil production, producing several key types of oil in 32 of 50 states, averaging 16.6 million barrels per day in 2023. This amounts to an annual production of ...

MOSCOW (Reuters) - Russia's Gazprom Neftekhim Salavat oil processing, petrochemical and fertiliser complex located in the Bashkiria region was attacked by a drone but is functioning as usual, Radiy ...