Economic fallout from the weekend strike by U.S. forces on Iranian nuclear facilities has been muted so far, but the opening ...

The U.S. attack on Iranian nuclear facilities Saturday night has raised the risk that oil prices surge into the triple digits ...

JPMorgan says there's about a one in five chance that disruptions to oil production in the Persian Gulf send prices spiraling ...

With IndiGo posting record profits and new airports unlocking capacity, India’s aviation sector is gaining altitude. Tier-2 cities are powering international growth, while fuel cost relief ...

Oil production exceeded the upper limit of our guidance range, reaching an impressive 388,000 barrels per day ... As you can see on the pie chart, we expect our business to achieve $1 billion ...

Four pie charts showing 2024 water to oil production ratio for US shale basins in the order Permian, Eagle Ford, Bakken, Appalachia. Shows Permian water-to-oil ratio at 77: 23 was the widest.

The definition of a small producer is specific: Production must not exceed 1,000 barrels of oil (or 6,000,000 cubic feet of gas) per day. This limitation ensures these tax benefits primarily ...

Oil-price controls, export taxes and capital restrictions long made it hard to do business. Those policies, along with ageing conventional wells, caused oil production to wane during the 2000s.

According to studies conducted by the North Dakota Department of Mineral Resources, a potential 250 million barrels — or 10.5 billion gallons — of oil could be extracted from a layer as ...

To wit, the chart below displays the total return performance ... are just as important (or even better when tax consequences are considered). At its current price and with the recent dividend ...

President Joe Biden’s landmark climate law could help the fossil fuel industry pump more oil ... tax returns. They assert that the IRS — or really any federal agency — is ill-equipped to ...