Russian oil production is facing a significant decline due to global sanctions imposed after the invasion of Ukraine, which have denied Russia access to essential Western technology and equipment ...
FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...
Ecuador's oil production has significantly decreased to multi-year lows due to the shutdown of its two largest crude pipelines, SOTE and OCP, caused by heavy rains and intensified erosion along the ...
The president is calling for energy dominance, but aging shale plays aren’t positioned to deliver a surge of new oil production. President Donald Trump wants to “unleash” American energy. The problem: ...
Almost 10 years to the day after a massive oil spill fouled the Santa Barbara coastline and prompted the closure of several drilling platforms, a Texas-based company says it has resumed crude oil ...
The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...
(The Center Square) – Oil and gas production resumed on May 15 that had been out of service for 10 years after an oil spill off the California coast, with the restart of the Santa Ynez Unit in the ...
INDUSTRY THE PAST FEW YEARS, GOVERNOR GAVIN NEWSOM IS CONSIDERING NEW AND SOME MIGHT SAY, SURPRISING ACTION TO KEEP THE COMPANIES OPERATING IN CALIFORNIA. THE STATE FACES THE THREAT OF HIGHER GAS ...
(The Center Square) – Ten counties in the U.S. – in Texas and New Mexico – account for 93% of domestic oil production in the last four years as analyzed by the U.S. Energy Information Agency. They are ...
OPEC+’s decision last week to increase its collective oil production has surprised many, given the soft outlook for oil prices for the remainder of this year and into next. It is true that the 137,000 ...
Northern is projected to generate $323 million in 2025 free cash flow at the current strip. NOG is helped by around 65% of its oil production being hedged with a swap/floor of around $72. Northern ...