The world is producing more oil than it needs, so 2026 prices are expected to be lower. The question is how low a barrel will ...

There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

Climate change shifted the oil production debate from scarcity to demand. If countries do not deliver on ambitious green ...

A drilling rig is shown near Arnegard, North Dakota, in September 2024. Advancements in drilling technology are helping oil ...

Environmental groups filed an emergency lawsuit Wednesday seeking to block the federal government's approval this week of ...

Crude oil output reached an estimated 5.9 million barrels per day in November, the highest level ever recorded in U.S.

Chevron has achieved a major operational milestone in Angola, delivering first oil from its South N'dola offshore platform in ...

When Guy Coviello, president of the Youngstown/Warren Regional Chamber of Commerce was asked if the amount of oil and gas ...

Iraq is seeking to increase its OPEC oil quota by 300,000 bpd, potentially generating $10 billion annually to bridge the ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This article is more than 2 years old. CRANE, TEXAS - MARCH 12: ...

A man carries buckets while working to clean up an oil spill near a pipeline of state-owned Petroleos de Venezuela (PDVSA) in Voladero, Monagas state, Venezuela, on November 5, 2021. - Leaks, rusted ...

Ukraine said its drones struck the largest Russian gas processing plant in the Orenburg region, which also processes gas from ...