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

Researchers from the Technical Faculties Campus of Tehran University, in collaboration with the Exploration Department of the ...

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

Rystad Energy examines the potential impact of the Trump administration's pro-drilling policies on US shale oil production, ...

Powered by intelligent technologies China Shengli Oilfield has achieved the capability to drill shale oil wells to depths almost 6000 meters in just ...

It was likely a fairly easy decision for OPEC+ to once again delay plans to increase oil output.The soft state of global demand is by itself sufficient reason to justify the decision at this week's ...

Northern Oil and Gas has submitted a bid to acquire Granite Ridge Resources, a US producer with operations in basins ...

The shale drilling techniques that led to a boom in oil and gas output have also spurred the development of geothermal, which ...

This announcement has been reviewed by Dr. Gábor Bada, Falcon Oil & Gas Ltd's Technical Advisor. Dr. Bada obtained his geology degree at the Eötvös L. University in Budapest, Hungary and his PhD at ...

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

US oil output has risen 11% to 21.6 million barrels per day (mbbl/d) over the past two years, according to OPEC data.