Most recently, experts said shale oil production would peak soon as U.S. drilling activity ebbed and companies moved operations to less productive “tier-two” acreage. The expectation was that ...
“ExxonMobil's discovery of the Liza field in 2015 truly put Guyana on the global energy map,” said Espen Erlingsen ... “We predict Guyana's total oil production to surpass 600,000 barrels ...
NEW YORK, Jan 14 (Reuters) - Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in ...
That's because America's top oil producers may not be willing to scale production as much as the president would like — something that could challenge Trump's plan to spark an oil-drilling boom.
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