Exxon Mobil Corp. plan to boost their oil and gas production over the next five years, even as falling oil prices may leave ...
GILLETTE - Enhanced oil recovery (EOR) typically describes efforts to improve the flow of oil from a reservoir that's already been produced by conventional means. Underground oil reservoirs are ...
U.S. oil production may have peaked, signaling the end of the shale boom. Diamondback Energy and other major players report reduced drilling and fracking activity in the Permian Basin. Rising costs, ...
The World’s July oil production increased by 428 kb/d to 84,726 kb/d, green graph, a new World Peak Oil All-Time High. Last ...
Commercial crude oil inventories jumped 6.4 million barrels as U.S. production set new records and refinery capacity utilization rose to 89.4%.
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 ...
The Organization of the Petroleum Exporting Countries and its allies — the coalition of the world’s top oil producers known as OPEC+ — said Thursday that it is extending oil production cuts once again ...
Gasoline prices are coming down, and President Donald Trump is happy to take credit for that. But he has little to do with it, experts say, and his policies could make it more expensive to increase ...
INDUSTRY THE PAST FEW YEARS, GOVERNOR GAVIN NEWSOM IS CONSIDERING NEW AND SOME MIGHT SAY, SURPRISING ACTION TO KEEP THE COMPANIES OPERATING IN CALIFORNIA. THE STATE FACES THE THREAT OF HIGHER GAS ...
Q3 2025 Management View Grayson Pranin, President, CEO & Director, opened by reporting "a positive quarter for the company," ...