Oil prices rose 2% on Wednesday, as U.S. government data showed tighter-than-expected oil and fuel inventories, though ...

U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp chief executive officer Vicki Hollub said on ...

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...

The EIA predicts dry gas production will rise from 103.2bcf/d in 2024 to 105.2bcf/d in 2025, and 107.5bcf/d in 2026.

The oil industry says upping production means lower prices for taxpayers, energy independence and good jobs for Americans. Is that really so?

The number of oil rigs stayed the same—down by 18 compared to this time last year. The number of gas rigs fell by 1 to 101 ...

CERAWeek conference is set to be dominated by talk of Trump's tariffs, sanctions and aggressive drive to end the war in ...

The mood at Houston’s big annual oil and gas get-together has been upbeat on the prospects for the industry under a fossil ...

The mood at Houston’s big annual oil and gas get-together has been upbeat on the prospects for the industry under a fossil ...

Occidental on Tuesday said it is aiming to grow output from conventional wells, which make up about a third of its total ...

HOUSTON (Reuters) - U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information Administration (EIA) said on Tuesday in its Short-Term Energy ...