The course of Guyana’s destiny changed in 2015 when US fossil fuel giant Exxon struck oil. It discovered nearly 11 billion ...

Crude oil prices jumped following the US military strikes on the Iran-backed Houthi militants, in response to the Yemen-based ...

Crude oil prices jumped following U.S. attacks on the Yemeni Houthis, as ongoing tensions in the Red Sea and potential ...

The outlook for the crude oil market for this year is plagued with uncertaintiy arising from US President Donald Trump's ...

The Railroad Commission reports Texas produced over 2 billion barrels of oil in 2024, crossing the 2-billion-barrel threshold ...

U.S. oil and gas activity increased slightly in the first quarter, but energy company executives were pessimistic about the ...

The gas-to-oil ratio (GOR) has risen steadily from around 3,100 cubic feet of natural gas per barrel of oil produced (cf/b), or 34% of total production in 2014, to 4,000 cf/b, or 40%, in 2024 ...

It capped its transformation off last year by acquiring Marathon Oil in a $22.5 billion deal. That purchase added over 2 billion barrels of oil and gas resources with an average cost of supply ...

“We believe the next round of technology that's going to add significant barrels, … will be production that comes from the use of CO2 in enhanced oil recovery,” Hollub said. “And that 50 ...