News

Despite doubling per?well output since 2019, the Permian’s rig?rate gains are slowing and decline curves are steepening, ...
Energy Secretary Chris Wright says Donald Trump’s administration is giving the “green light” to more US oil production, but ...
The focus of this post is an overview of world oil production, along with a more detailed review of the top 11 Non-OPEC oil ...
The U.S. Energy Information Administration (EIA) projects U.S. crude oil production will peak around 14 million bpd in 2027.
US oil and gas operators face significant challenges due to recent economic policy changes, potentially leading to decreased ...
Nimble U.S. oil producers are responding quickly to the economic turmoil sparked by President Donald Trump's trade war by ...
A consortium led by U.S. oil major Exxon Mobil is about to begin installing its fourth floating oil production facility in ...
This projection signals the impending end of the US shale boom, with output expected to fall to approximately 11.3mbbl/d by ...
Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on ...
Now, as the Trump administration seeks to encourage oil and gas production within federal lands and waters, that watershed ...
Reversing Biden administration policies that halted offshore leasing, prompting lawsuits and restricting oil and natural gas ...
At the moment, the price of crude oil has fallen by over $10 below the $75 per barrel projected by the Federal Government in the 2025 budget. As of Sunday, Brent was $64.76 per barrel. It climbed to ...