At present, oil extraction in the United States sits at record levels of roughly 13.2 million barrels per day. No wonder oil is so expensive. Wait, what’s that you say? U.S. extraction at record ...

The move follows the Syrian army’s recovery of oil fields in Raqqa and Deir Ezzor, which were subsequently handed over to the ...

Rigzone takes a closer look at the Texas Independent Producers & Royalty Owners Association's (TIPRO) latest State of Energy report. Image by Dragon Claws via iStock The industry that paid the highest ...

Exxon Mobil, Chevron and Occidental Petroleum are betting big on emerging technologies to extract lithium from drilling wastes and salt flats. Since oil and gas drilling began nearly 150 years ago, ...

Fossil fuel companies are experimenting with using carbon dioxide captured from the air in oil extraction to usher in a new era of planet-friendly “net-zero oil” – but the idea is an illusion, ...

Gen Z is a generation born into a world full of anxieties—from school shootings to climate Armageddon, to a pandemic and political violence. But I’m here to give you one more thing to worry about! A ...

What is the price of crude oil today? WTI futures traded at $82.30 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 12.06%. Brent futures traded around $85.45/bbl, a drop of 0.09% in ...

Namibia, once considered a frontier market in the energy sector, is rapidly emerging as a potential oil powerhouse. Recent discoveries in the country's offshore Orange Basin, particularly the Venus ...

Global crude oil production has been unable to recover to its 2018 peak, suggesting that we may have passed the peak oil era. Oil prices are influenced by a complex interplay of factors, including ...