U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

US oil exports may decline in 2025 for the first time since the COVID-19 pandemic due to China’s retaliatory tariffs on the ...

As it stands, US oil production in 2024 is set to have its lowest year of growth in since prior the shale revolution. Not only has recent US oil production disappointed, but evidence points to ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

The main culprit standing in Trump's way of his "drill, baby drill" agenda may be the US oil industry itself, which has boomed in recent years and pushed crude production to historic levels.

OPEC producers, US oil companies are private and have shareholders to pay, and secondly, the producer’s breakeven prices for ...

U.S. oil and gas companies have spent huge amounts in increasing their oil and gas production in recent years. This is largely in response to the Russian invasion of Ukraine and subsequent ...

So big producers like Chevron and Conoco, they have said they will cut spending this year. And in the Permian, the heartland of US oil production, more than half of producers have signalled they ...

HOUSTON (Reuters) - Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to ...