Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
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 ...
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, ...
Last year, U.S. oil and gas production rose to record highs. U.S. crude output increased by 260,000 bpd month-on-month, to a record 13.46 million bpd, in October, in line with demand growth ...
The active rig count in the US was up by 4 units for the week ended Feb. 7 with 586 rigs running, according to Baker Hughes data.
Saudi Aramco has retained its position as the world's most profitable company for the third consecutive year, raking in a ...
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.
But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.
President Trump seeks American energy independence, focusing on fossil fuels and reducing government interference. Read more to see my thoughts.
The US is imposing new levies on countries from which it buys everything from cars to fruit and vegetables. Until now, the ...
The US investment ... proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in recent years due to a lack ...