The U.S. is already the world’s top oil and natural gas producer and output is expected to continue growing, although at a ...

In another move to increase offshore U.S. oil production, the Interior Department Thursday said it will use a new commingling ...

Q1 2025 Management View CEO Joe Foran highlighted the company's ability to navigate challenging times, emphasizing ...

Hemisphere Energy faces risks from cyclical downturns and heavy oil discounts. Read why mispricing can persist for long ...

Chevron (NYSE:CVX) said Monday it started oil and natural gas production from the $1.6B Ballymore project in the deepwater ...

The Permian Basin accounted for 48% of U.S. crude oil production in 2024, driving most of the growth, according to the EIA.

This is a monumental milestone in achieving American energy dominance,” Interior Secretary Doug Burgum said in a statement of ...

Oil production in the world’s largest importer of the commodity hit an all-time high of 4.6 million barrels daily.

Russia is accelerating new oil well drilling to the fastest pace in five years, showing resilience to Western sanctions ...

On a weekly U.S. oil production basis, volumes reached an all-time high of 13.63 million barrels per day in early December ...

The Federal Government has again tasked indigenous oil companies to ramp up production to meet both domestic and export ...

Chevron has started oil and gas production from a project in the U.S. Gulf of Mexico, the oil major said on Monday, bringing ...