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 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.

Offshore oil projects are experiencing a boom, but a looming oil glut fueled by factors like surging electric vehicle sales and OPEC+ overproduction could lead to a decade of lower prices and ...

Trump has said he plans to bring down gas prices by boosting US oil production. ExxonMobil CEO Darren Woods said he didn't see a US oil boom in the near future.

Drilling rigs sit unused on a lot in Odessa, Texas, in the Permian Basin, in March 2022. U.S. oil companies are thriving as they look to avoid the boom-and-bust cycles of the past.

The oil field is the main thing out here," Prieto says. But no one seems to be preparing for a lot of new hiring here at this point, despite promises of a new oil and gas boom on federal land.

US oil production will be "robust" for at least the next 18 months, Goldman Sachs said. That's because drilling efficiency is improving, and oil prices are poised to stay high.

Boom-bust cycles are normal for the U.S. oil industry, but that may be changing In the Permian Basin, America's busiest oil-producing region, business is good.

Oil money brought his county jobs, ... They Are Basking in America’s Oil Boom—and Preparing for the Big Bust. Oil money brought his county jobs, waterslides and a $900,000 concert.