China’s CNOOC reported record oil and gas production from a field called Deep Sea #1. The field was the company’s first ultra ...
Harbour has drilling clearance for its Streambeacon exploration well until 4 January 2026, according to a deep drilling screening direction published by the Offshore Petroleum Regulator for ...
Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...
The EIA's next weekly petroleum status report is scheduled to be released on February 5 and will include data for the week ...
Houston-based startup Quaise Energy is testing technology that melts and even vaporizes rock to unlock "superhot" rock ...
global production can barely meet the high demand for crude oil from countries such as the USA, China or India. In December 2005 the global demand for crude oil was 83.3 million barrels per day ...
However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices ...
WTI crude oil also opened 2021 with an uptrend at $48.27 per barrel. WTI crude had a series of rallies and tumbles to reach a year-high price of $84.06 per barrel in late October 2021. Compared to the ...