Daqing Oilfield, one of China's largest energy production bases, announced on Friday that its Gulong shale oil block in northeast China has surpassed one million tonnes in annual output this year, ...

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S.

A volatile 2025 left U.S. onshore operators navigating weak oil prices, structurally stronger gas fundamentals, tightening ...

Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. U.S. shale producers are using new technologies to extract more oil from existing wells, even ...

Earlier predictions of "peak shale" have shifted, with US shale drillers now signaling continued growth due to improved efficiency. The Energy Information Administration (EIA) has revised its ...

In a BMI report sent to Rigzone by the Fitch Group recently, analysts at BMI, a Fitch Solutions company, said China's outlook ...

Cyclic carbon dioxide injection, also known as "CO2 huff-n-puff," is a multi-phase process in which CO2 is pumped into a reservoir to enhance oil production from naturally occurring rock formations.

Energy giant Chevron ($CVX) announced that it expects its 2026 capital expenditure to be in the range of $18 billion to $19 ...

President Trump, who promised to uplift oil and gas, is set to preside over a decline in shale production. Drillers that made the U.S. the world’s top oil producer say they are hitting the brakes to ...

The secretary of energy of Unites States, Chris Wright, delivers a speech in the framework of the CERAWeek by S&P Global energy conference in Houston, Texas, on March 10, 2025. In his remarks, Wright ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...