Administrations can only do so much when it comes to global supply and demand dynamics, and there is probably going to be ...

U.S. shale can still surprise with undiscovered resources, even as more and more reports emerge suggesting that prime acreage ...

U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as ...

Peru's niche Bretaña crude oil is gaining popularity in the United States, with the first cargo discharging in the U.S. Gulf ...

If oil in the shale patch is getting lighter, and gas as a portion of the total hydrocarbon output is increasing, there would indeed be challenges in further strong U.S. oil growth.

SINGAPORE: Saudi Arabia’s crude oil supply to China is set to decline in February from the prior month, trade sources said on Thursday, after the kingdom hiked its official selling prices to ...

Rising prices during this century, combined with reserve discoveries in shale regions, caused production to increase. Moreover, technological advances in extracting crude oil from the crust of the ...

the Eagle Ford Shale and the Permian Basin. Texas accounted for 43% of the oil produced in the U.S. in 2023, generating an average of 5.51 million barrels of crude oil per day (BPD). As of ...

This study identifies key factors and their weights in predicting high-pressure physical property parameters of formation crude oil, providing valuable insights for predicting shale oil reservoir ...

The US oil boom has been a highlight of the energy markets over the last few years, with American shale producers pumping vast amounts of crude. According to the Energy Information Agency ...

with the oil of medium and heavy crude properties. The new unmanned wellhead platform of the project is equipped with ‘Typhoon Production Mode’ and heavy oil intelligent processing system, which is ...