The L.A. City Council attempted to phase out oil production in 2022, but the ordinance was struck down by a judge following ...

U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.

Here we take a look at current US oil and natural gas production dynamics and why the resulting tailwinds for midstream ...

The United States has become the world’s largest oil exporter after sanctions against Russia for its invasion of Ukraine ...

By Siddharth Cavale NEW YORK, June 24 (Reuters) - U.S. oil executives expect domestic oil production to increase slightly at ...

Pemex and Petrobras  — the two largest oil companies in Latin America — have signed an MoU to boost oil production in the Gulf of Mexico.

The UAE's departure from OPEC has cut the group's global crude oil production share from 35% to 31% in 2025, according to a ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. CALIFORNIA, USA - APRIL 14: A view of oil-well in action during ...

Major oil companies anticipate that global oil demand will plateau slowly rather than decline sharply, maintaining the need for continued oil and gas production for decades. Despite initial shifts ...

Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...

BAGHDAD: Iraqi authorities predict oil production will return to peacetime levels "within one to two months", state media ...