The world needs to spend some $540 billion a year looking for oil and gas to maintain current output by 2050 as the pace of ...

The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore ...

The IEA now says new oil and gas projects are essential to maintain global output as decline rates at existing fields ...

The world must invest an average of$540 billion through 2050 in the upstream sector or face a reduced global production of 5.5 million barrels a day for the next decade, a new report stated.

The Trump administration’s EPA, in a press release, said it had determined there was no requirement under the Clean Air Act ...

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

Two reports from oil and gas industry groups released in November detail the voluntary greenhouse gas (GHG) emissions reduction efforts led by the industry and highlight the progress being made on ...

New oil and gas projects may be necessary to maintain current production levels, the IEA said Tuesday, as it is in a public ...

New data released by the U.S. Environmental Protection Agency (EPA) shows that methane emissions at the nation’s largest oil and gas-producing basins are continuing to fall significantly, even with ...

The U.S. is the world’s biggest producer of both crude oil and natural gas. One fuels our cars and airplanes. The other heats and cools our homes. But the outlook for these two commodities is heading ...

Russia suspended publications of oil and gas production data from information for March and the first quarter of 2023 MOSCOW, March 7. /TASS/. The Russian government has renewed suspension of oil, gas ...

A slump in active oil and gas rigs across the United States has undercut President Donald Trump's rallying cry to "drill, baby, drill," raising economic and political stakes for his administration.