Oil and gasoline prices are expected to decline next year, according to the latest forecast from the Energy Information Administration (EIA). The EIA published its November Short-Term Energy Outlook ...

The president’s energy strategy is projected to generate more pollution, but so far production has not risen significantly and price drops have been modest, analysts say. By Lisa Friedman Never before ...

Oil and gas demand could continue to grow until the middle of the century, according to a new International Energy Agency scenario that shifts away from previous expectations of so-called peak oil ...

Occidental Petroleum leverages its prime Permian acreage and capital-light strategy for sustainable, long-term returns without needing further acquisitions. Occidental’s Chemicals divestment will ...

JUNEAU, Alaska — The Trump administration on Thursday finalized plans to open the coastal plain of Alaska's Arctic National Wildlife Refuge to potential oil and gas drilling, renewing a long-simmering ...

Russian oil flows to India are set to collapse to near zero after new US sanctions hit energy majors Rosneft and Lukoil, cutting off the key trade lifeline that’s fueled both economies for three years ...

Despite U.S. and EU pressure, Russia continues to export large volumes of oil and gas. China’s crude imports from Russia rose 4.3% month-on-month in September, while India—reliant on Russian barrels ...

Following 25 years of what oil and gas executives categorize as hostility to the industry, the state is now making a play to keep those companies from leaving. Concerned with the exodus of oil and gas ...

Reservoir modeling integrates geology, petrophysics, geophysics, PVT, and production data into a predictive, physics-based model to forecast fluid flow and optimize field development and operations.

Refining converts mixed crude oil into specification fuels, petrochemical feedstocks, lubricants, and other products by physical separation, chemical conversion, and product treating/blending. It ...

Northern reduced its 2025 capex budget by $125 million to $150 million. This only has a minor effect on 2025 production, although it affects 2026 production by significantly more. Northern is likely ...