U.S. shale production peaked in late 2023 and is now declining, with geological depletion rather than market dynamics posing ...

While efficiency and productivity gains have boosted U.S. oil production to record levels, natural depletion in shale ...

Lower oil prices beckon as many in the market are predicting higher non-OPEC production and a supply glut at the start of ...

OPEC+ is wary of a renewed rise in U.S. oil output when Donald Trumpreturns to the White House, delegates from the group said ...

The national-level shale oil demonstration zone in Jimsar county, Xinjiang Uygur autonomous region, recently reported an output of more than 1 million metric tons so far this year, the first of ...

A shale-drilling frenzy in Argentina has put the country on the verge of leapfrogging regional rival Colombia as a top-three ...

Northern Oil and Gas has offered to acquire Granite Ridge Resources, a smaller U.S. producer, with proposals including a 20% ...

U.S. oil production reached new heights in 2024, surpassing 2023's record of 12.9 million barrels per day Technological ...

Northern Oil and Gas is actively pursuing an acquisition of Granite Ridge Resources, a smaller U.S. oil producer. While ...

Exxon Mobil said on Wednesday its annual project spending will rise to between $28 billion and $33 billion between 2026 and ...