The global oil and gas industry is experiencing a significant downturn, marked by widespread job losses, investment cuts, and ...

Demand for oil continues to significantly lag supply as 2024 ends. OPEC is signaling a delay and a longer period of unwinding production cuts, now April 2024 into 2026. The EIA forecasts demand to ...

Argentina’s oil and gas exports are set to be twice the volume of domestic demand within four years, YPF chief executive ...

Headlines in the oil and gas markets have caused a stir as investors debate the future direction of oil prices and related ...

Africa's upstream oil and gas sector is undergoing a significant transformation as major international companies reduce their exposure to mature assets, creating opportunities for new regional and ...

BAKERSFIELD, Calif. (KERO) — The first discovery well in the Kern River Fields was drilled in 1899, now according to a new report, it's a $20 billion industry. According to California State Parks, ...

In 2024, the oil and gas space was shaped by several significant trends, with experts pointing to shifting demand, geopolitical turmoil and rising production as key factors for the energy fuels. While ...

The incoming Donald Trump administration's ambitious energy plans, including a 3 million barrels per oil equivalent a day (mboe/d) production boost, a potential 25% tariff on Canadian oil and gas ...

Former President Donald Trump suggested oil and gas executives donate $1 billion to his campaign during a dinner at Mar-A-Lago last month while simultaneously proposing rollbacks to environmental ...

Expertise and opinions of authors published by ForbesBooks. Imprint operated under license. In the U.S., energy policies can change dramatically with each new president, creating uncertainty for ...

Shares of oil and gas majors ExxonMobil (NYSE: XOM), Chevron (NYSE: CVX), and ConocoPhillips (NYSE: COP) were all trailing the market today, falling 3.6%, 2.8%, and 4.2% at their lows, before ...

While renewable energy sources garner increasing attention, the demand for oil and gas remains strong, fueled by the growing energy needs of developed and developing nations. However, the industry is ...