March 7 (UPI) --Offshore oil and gas production has a lower carbon footprint than other extraction methods and the sector is primed for hundreds of billions of dollars in new investments ...

The global AI in oil and gas market size was US$ 2.3 billion in 2021. The global AI in oil and gas market size is estimated to reach US$ 7.1 billion by 2030, growing at a compound annual growth rate ...

In 2024, the oil and gas markets were shaped by several significant trends including shifting demand, geopolitical turmoil and rising production. As the two key oil benchmarks (Brent and West ...

U.S. energy executives are forecasting a significant increase in offshore oil production under a potential ... The U.S. oil and gas rig count has fallen to its ... now forecasting $3.4–$3.8 ...

America’s oil and gas production hit record highs at the end of 2023 and continues to be close to all-time highs, but growth has slowed down in oil output while gas production has started to ...

Critics accuse President Joe Biden of waging a war on the oil industry that is hurting consumers at the gas pump. And yet, on his watch, US oil production is poised to shatter all-time records set ...

In this video, we dive deep into the world of offshore oil and gas production, with a focus on one of the largest integrated projects in the world – Sakhalin II.Located in the far north of ...

The ACP also forecast Colombia's oil production would average between 780,000 and 790,000 barrels per day, while potential gas production was forecast at 1.02 billion cubic feet per day.