U.S. September oil production increased by 44 kb/d to 13,844 kb/d, another new record high. The largest increases came from ...

Oil prices fell below $60 per barrel recently due to a combination of oversupply and weak demand. Global oil inventories are rising, putting downward pressure on prices. At the same time, both OPEC+ ...

Production from the first converted well in the program is up 110% from pre-conversion levels. The well was converted in mid-April, with stable production averaging 190 Bbl./d in the month of May, up ...

Gov. Gavin Newsom speaks at a news conference in September where he signed legislation related to oversight of oil and gas wells. (Jason Armond/Los Angeles Times) The owner of the Inglewood Oil Field ...

Hazizi Hassan, executive director and production manager for Esso Exploration and Production Nigeria Deepwater Limited (Esso ...

The U.S. Strategic Petroleum Reserve (SPR) was created in 1975 by the Energy Policy and Conservation Act, signed into law by President Gerald Ford. It was established in response to the 1973-1974 oil ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Except for a spike in October, oil has traded sideways ...