U.S. oil and gas production is increasing in some areas and decreasing in others, but new limits on parts of the drilling process could cut output significantly in the coming years.

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to ...

Employment levels in oil and gas production never fully recovered after crashing during the pandemic. Production, by contrast, is headed skyward. Oil production averaged 12.9 million barrels a day ...

Lollipop chart showing U.S. crude oil production and natural gas dry production from 2017 to 2019 under the Trump administration and from 2021 to 2023 under the Biden administration.

The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as it employed a decade ago. By Rebecca F. Elliott Rebecca F. Elliott spoke ...

The report also said the oil and gas industry employed more than 480,000 Texans who make an average of $124,000 a year. Todd Staples, the association’s president, ...

Oil and Gas Industry Enters New Investment Cycle with Focus on Sustainability By Rystad Energy - Dec 04, 2024, 4:00 PM CST. ... they are essential parts of a company’s strategy.

The Department of Energy says the ongoing strikes at U.S. ports will not impact the imports and experts of crude oil or natural gas, but experts warn the industry could take a hit.