Permian or Bust? U.S. Oil Growth Has a One-Basin Problem
The Permian basin has been the chief growth driver for U.S. shale oil production. The most prolific shale…
Petrochemical News – Crude oil slips amid OPEC+ output hike speculation and ongoing trade worries
Crude oil prices declined for the second consecutive day on Friday due to optimism that the Organization of…
US FDA Inspects Samsung Biologics Facilities In South Korea
(MENAFN– IANS) Seoul, May 21 (IANS) The US Food and Drug Administration (FDA) is currently conducting an on-site…
Energy Secretary Wright: U.S. Can Bring Iran’s Oil Exports to Zero
The United States could halt Iranian oil exports if it increases pressure on Tehran to ensure that it…
Oil prices slump to fresh lows on tariffs, output hike
Oil prices continued to tumble on Friday, hit hard by Donald Trump’s swingeing tariff regime and a surprise…
Peak Permian? Geology and Water Say We’re Close
After more than a decade of relentless drilling in the top U.S. oil-producing basin, the Permian, some areas…
“Drill, Baby, Drill”: Natural Gas Producers Eye a Boom
While the slowdown in U.S. oil production continues, rallying natural gas prices are setting the stage for a…
Japan’s Inpex to boost oil and natural gas output 30% by 2035
TOKYO — Japanese energy group Inpex plans to increase production of crude oil and natural gas 30% over…
Strengthening Energy Security Ties Further, India-Funded Petroleum Depot Opened In Bhutan
(MENAFN– IANS) Thimphu, Feb 18 (IANS) Bhutan’s Minister for Industry, Commerce, and Employment Lyonpo Namgyal Dorji on Tuesday…
Trump’s Drilling Plan Finds No Support From US, OPEC Oil Producers
President Trump wants to increase drilling to lower oil prices, but producers are hesitant.Sources told The Wall Street…
Indonesia Aims to Boost Oil Output to 1 Million Bpd in Four Years
Jakarta. The Indonesian government has set an ambitious target to increase crude oil production to between 900,000 and…