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.

Guyana’s oil output took a dip in March, sliding to 627,000 barrels per day (bpd) from February’s 648,000 bpd, a new report ...

U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...

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 ...