US offshore oil and gas accounts for 14% of US crude oil output, or nearly two million barrels per day (mbbl/d).
Crude inventories saw a larger than expected decline for the week ending January 3rd, while fuel inventories continue to soar ...
The oil market faces strong resistance, while natural gas positions for a positive move driven by robust heating demand.
Crude Oil WTI Futures, the U.S. benchmark, recently traded at $74.42 a barrel following the report after settling up 0.9% at $74.25 a barrel.
We recently published a list of the 15 Energy Infrastructure Stocks That Are Skyrocketing. In this article, we are going to ...
Oil prices hit a near three-month high on Wednesday as concerns about supply disruptions and optimism over rising demand ...
More than 3.5 million abandoned oil and gas wells are littered across the United States and an estimated 14 million Americans live within a mile of one of the wells.
Biden permanently bans offshore drilling across 625 million acres of U.S. coastal waters, citing environmental risks.
It represents a major attack on the oil and natural gas industry', IPAA Offshore Committee Chairman Ron Neal said.
Headwater Exploration sees strong results with Q4 production, secondary recovery techniques, and new acreage payback. See ...
Oil prices have started 2025 strong, defying expectations of a downturn fueled by worries about slowing demand. Click to read ...