Diamondback Energy Inc., the largest independent oil producer in the Permian Basin, says production has likely peaked in America’s prolific shale fields and will decline in the months ahead after ...

The U.S. is already the world’s top oil and natural gas producer and output is expected to continue growing, although at a ...

The heightened oil market and macroeconomic uncertainties in recent weeks are baffling not only analysts. Halliburton, the ...

Texas, home of the "shale revolution" that powered U.S. oil production to record levels, is looking to perform a similar feat with nuclear energy. Texas legislators are considering legislation that ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Oil industry consultant Rystad Energy has slashed its estimate for US onshore crude growth by more than half for this year, ...

While public statements from the oil lobby and oil producers welcome President Donald Trump’s rollback of regulations and eased permitting processes ... in oil production in the shale revolution ...

U.S. shale producers likely will further ... J.P. Morgan also lowered its oil price forecasts for 2025 and 2026, citing higher production from OPEC+ and weaker demand; the bank now sees 2025 ...

But the Gulf of Mexico is quietly making a crude oil comeback thanks to new technologies and cost efficiencies utilizing ...

VKG Kaevandused slightly upped its output to 3,593,725 tons in 2024, from 3.4 million tons the previous year, while Alexela subsidiary Kiviõli keemiatööstus' production ... Oil shale once refined has ...

Technological innovation has been a driving force in the U.S. shale oil industry ... Even though the process consumes 50% more energy per day, Chevron is effectively regulating the power surge ...