Pumping oil from the ground is more complicated than flipping a switch on and off, and some producers that brought production down sharply in 2020 have found it harder than anticipated to bring ...

Driving through the vast, dusty expanse of West Texas, the oil industry is on full display. In August 2024 alone, Texas ...

Image caption, An oil rig pumps oil from the ground. Oil is also a fossil fuel, which is used to fuel vehicles and machines. Hydropower Moving water creates electricity by turning turbines under ...

The nation’s once-hot shale plays are maturing. It’s getting more expensive to get significant amounts of new oil out of the ground. Some observers expect production to level off in the coming ...

A pumpjack draws oil from the ground surrounded by a canola field near Cremona, Alta., in July 2021. China announced Friday that it will apply a 100 per cent tariff on Canadian rapeseed oil ...

That’s why, since 2015, the Center has campaigned to keep it in the ground — to stop the expansion of oil, gas, and coal development on public lands and oceans by halting new leasing and permitting.

Oil futures finished higher on Monday, with prices finding support after a nearly 3% decline Friday, as the U.S. imposed fresh sanctions on Iran, impacting its crude sector. Traders also weighed ...