The Permian Basin's oil production is set to hit "Hubbert's Peak" late next year, indicating a turning point after which the production will start to decline. Much of the high-quality acreage in the ...

MINOT, ND (KXNET) — There has now been a discovery of massive untapped oil resources across a western portion of the state. So, what does this mean for North Dakota’s oil industry? State leaders say ...

Criticisms of the upcoming climate change summit known as COP28 are rife. Critics have seized on the incongruousness of hosting the summit, which is aimed at keeping the world on the path to curb ...

Energy companies like BP and shipping companies that transport crude oil have stopped sending some tankers through the Red Sea to avoid the threat of drone and missile attacks by the Iran-backed ...

Dominika Rzechorzek, a senior oil and gas analyst at BMI, a Fitch Solutions company, told Rigzone that BMI recognizes “upside risks” to its long-term crude oil and natural gas production forecast ...

Economic slowdown in the U.S. will impact oil and gas consumption and weigh on benchmark oil and gas prices, adversely impacting upstream activity, Dominika Rzechorzek, a Senior Oil and Gas Analyst at ...