According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released earlier this month, the U.S. will produce 13.45 million barrels of crude oil ...

According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released recently, the world produced an average of 76.10 million barrels of crude ...

Climate change shifted the oil production debate from scarcity to demand. The idea was popularized in the 1950 s by geologist M. King Hubbert, who warned that US oil production would follow a bell‑ ...

The U.S. Energy Information Administration's first Short-Term Energy Outlook report of 2025 brings generally positive news for the transportation industry. In broad strokes, the administration ...

NEW YORK/HOUSTON, March 27 (Reuters) - U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces more water and gas and less oil - ...

BISMARCK — A “significant” amount of undeveloped oil resources remain deep in the northwestern portion of North Dakota’s Bakken Petroleum System, state experts say. According to studies conducted by ...

Argentina has achieved a new production record of 816,144 barrels of crude oil per day in August 2025, largely due to the Vaca Muerta shale formation, securing its position as Latin America's ...

State regulators have approved new rules designed to boost the use of produced water in oil and gas operations in Colorado while asking a consortium to further consider how Piceance Basin producers ...

Donald Trump’s economic plan includes deregulating the U.S. oil and gas industry and raising import tariffs, promising to reduce energy costs for Americans. Critics argue that while deregulation might ...

The continued relevance of oil and gas provides an opportunity for the industry to scale new nuclear energy power sources. Nuclear energy is currently enjoying another renaissance, thanks in large ...

U.S. September oil production increased by 44 kb/d to 13,844 kb/d, another new record high. Texas production has rebounded since the weather-related January 2025 drop. Colorado began 2025 with 6 rigs ...