According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released recently, the world produced an average of 76.10 million barrels of crude ...

According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released earlier this month, the U.S. will produce 13.45 million barrels of crude oil ...

Escalating tensions may constrain near-term supply, but a post-Maduro scenario with lifted sanctions could allow Venezuela to ...

The U.S. Energy Information Administration's first Short-Term Energy Outlook report of 2025 brings generally positive news for the transportation industry. In broad strokes, the administration ...

For decades, Africa’s natural resources have been a cornerstone of the global oil market, with the Organisation of the Petroleum Exporting Countries (OPEC) recognising the continent’s critical ...

BISMARCK — A “significant” amount of undeveloped oil resources remain deep in the northwestern portion of North Dakota’s Bakken Petroleum System, state experts say. According to studies conducted by ...

State regulators have approved new rules designed to boost the use of produced water in oil and gas operations in Colorado while asking a consortium to further consider how Piceance Basin producers ...

Donald Trump’s economic plan includes deregulating the U.S. oil and gas industry and raising import tariffs, promising to reduce energy costs for Americans. Critics argue that while deregulation might ...

The continued relevance of oil and gas provides an opportunity for the industry to scale new nuclear energy power sources. Nuclear energy is currently enjoying another renaissance, thanks in large ...

U.S. September oil production increased by 44 kb/d to 13,844 kb/d, another new record high. Texas production has rebounded since the weather-related January 2025 drop. Colorado began 2025 with 6 rigs ...

Chris Wright's optimism about US shale production growth is unrealistic. US shale crude oil production is plateauing. Weak production growth in Q4 2024 and adverse weather in early 2025 signal a ...