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US oil production has more than doubled over the past decade.
Read More »America will Surpass Saudi Arabia in Oil Export
Saudi Arabia among Lowest Oil Field Emissions on Planet. Venezuela Highest
China has been the world'.s largest growth market for energy for the past 15 years.
Read More »Exxon`s New Discovery in Papua New Guinea
The discovery added to the company'.s ".rapidly growing inventory of low cost supply of natural gas". in Papua New Guinea.
Read More »Wood Mac: Gulf of Mexico could Pump High Oil in 2018
Wood Mac believes exploration in the Gulf of Mexico will remain flat this year.
Read More »France`s Total to Launch Large-Scale Development of Libra Project off Brazil
Total plans to dispatch a floating production storage and offloading unit to the Northwestern part of the pre-salt oil basin.
Read More »Shale Drillers Say Higher Oil Prices won`t Spur Rush
Higher oil prices can bring in more cash to the balance sheet.
Read More »European Oil Companies Plan Major Carbon Capture Project in Norway
The companies aim to capture 1.5 million tons of carbon dioxide per year in the project'.s first phase.
Read More »US Rig Count Decreases by 5 This Week to 949. Texas Loses 7
The U.S. rig count peaked at 4.530 in 1981. It bottomed out in May of 2016 at 404.
Read More »Kosmos Energy to Start Drilling Three Super-Giant Prospects Off West Africa This Month
In recent months. onshore U.S. oil producers have seen oil field service costs rise with the increase in drilling activity in places like West Texas and Oklahoma.
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