Several major oil-producing countries—including the UAE, Iraq, Saudi Arabia, Brazil, and Guyana—are expanding production ...

It’s not the leasing, drilling and fracking boom of 2017-2019, but the domestic oil and gas industry finds itself in the midst of a more modest, tech-and-efficiency-driven boom during the first ...

In essence, the American shale oil boom of the last few years is over. Areas such as the Permian Basin, the low-cost oilfield in western Texas that is the epicenter of America’s oil boom, are ...

Gulf Arab nations have pegged their currencies to the dollar for decades. There’s a reason for that: they reduce foreign-exchange risk for states in the region because so much of their revenue ...

Many oil company executives celebrated Donald Trump's return to the White House. But now expectations of higher profits are fading amid fears of a recession.

In the U.S., where the shale boom has created an oil-and-gas superpower, a key inflection point will come when the meteoric production growth of the past 15 years morphs into long-term decline.

ExxonMobil CEO Darren Woods said there's not much opportunity for the oil industry to increase production in the short term.

The main U.S. oil benchmark, West Texas Intermediate, has soared to its highest level in years at $71 a barrel. But good luck getting that price in West Texas.

In the Permian Basin, America's busiest oil-producing region, business is good. It's not quite booming, though — and that's on purpose. Producers are aiming for steady growth.

The domestic oil and gas boom of 2021 continues into May, driven by strong crude prices that most analysts thing will get stronger, recovering global demand, and by fiscal discipline being ...