The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that ...

Researchers from Prof. Quan-You Liu's team at Peking University decoded the complex accumulation mechanisms of China’s ...

The toxic water that gushes out of oil wells in the Permian Basin of Texas and New Mexico has spurred environmental concerns ...

Beacon Offshore Energy has officially started oil and gas production at its long-awaited Shenandoah field in the U.S. Gulf of ...

Oil production near Guyana is ramping up while production in places like the Permian Basin appears to be approaching a ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts. Supply in the oil market has been on the upside since the Organization of the ...

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today while also solidifying its dominance over the long term.

Giant shovels, driverless trucks and a dog-like robot have all helped Canada's oil sands companies including Imperial Oil and ...

A combination of weaker oil prices, widespread spending cuts, and ramped-up OPEC crude oil volumes created a ...

Peak Shale Dampens Supply. On the supply side of the equation, one factor looms for US energy stocks: the rising costs from a potential peak of US shale oil and gas production in the long term ...

Shale oil production will peak at 10 MBOPD in 2027, up from about 9.69 MBOPD this year, the EIA said in its Annual Energy Outlook, before declining to around 9.33 MBOPD by 2050.