OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

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 ...

Senior Vice President and Director of Research, Federal Reserve Bank of Dallas The "shale revolution" has stimulated tremendous production of oil and natural gas in the United States. The ...

Structural changes in the US shale industry, including a focus on efficiency gains and consolidation, are making it difficult to rapidly increase production even with deregulation efforts.

The company’s production growth has come from the Permian ... Ecopetrol pulled out of a $3.6 billion deal to buy a stake in Texas shale-oil assets from the US company. --With assistance from ...

EAST SPENCER — After 125 years in business as a brick plant, what is now General Shale brick will cease operations on April 1, with a loss of 65 jobs. The Tennesse-based General Shale bought ...

The rankings also showed that the U.S. shale patch has mastered the art of efficiency gains—fewer rigs in 2024 allowed for an increase in total oil and gas production in America. The Top 50 ...