US President Donald Trump promised to ‘drill, baby, drill’. After a year in office, the US oil rig count is steadily ...

(The Center Square) – The U.S. oil and natural gas industry set oil and natural gas production records in November. Crude oil ...

The United States produced a record-high 13.6 million barrels of crude oil per day in July, up from 13.5 million barrels per day (b/d) in June, the Energy Information Administration (EIA) said in its ...

Oil production in the Permian basin is poised to peak in December, a watershed moment for the U.S. shale boom that upended ...

It’s widely acknowledged just how prolific the Permian Basin is in producing crude oil and natural gas. A new report from the U.S. Energy Information Administration shows just how prolific the Permian ...

A US blockade of Venezuelan oil shipments could slash production and halve exports of the country's most valuable commodity, ...

The US produced a record-high 13.6 million barrels per day of crude oil in July as global stockpiles rose and onshore rig counts fell, the Energy Information Administration (EIA) said Tuesday in its ...

Shale wells decline fast, forcing constant drilling—the “Red Queen” effect—with many losing 70–90% of output in three years. The IEA says global fields are depleting faster than thought, so most ...

Long Player: The impact that Venezuela once had is shown by the lack of transportation of heavy oil from Canada to the ...