Despite Trump's victory, U.S. oil production growth is expected to remain moderate due to changes in the shale industry.
The American Petroleum Institute’s list of requests to the incoming Trump administration would remove many of the available ...
Major dewatering pumps market participants include Alfa Laval, Atlas Copco, Dewatering Solutions, Ebara, Flowserve, Franklin ...
The president-elect has promised to make it easier to build energy infrastructure and secure drilling leases. But higher production could hurt prices and profits.
The US, however, is now the world’s largest oil and gas producer, thanks to techniques such as fracking and horizontal ...
"US oil production means a well drilling cost requirement of $64/ bbl ... Hence, India may be caught in a peculiar cleft with consequent pressure to raise pump prices (inflationary) or lower taxes on ...
The Biden administration said on Friday it has bought its last batch of oil for the Strategic Petroleum Reserve after selling a record amount from the facility in 2022 to counter fuel prices that had ...
Perenco Colombia has completed a three-well development drilling campaign ... submersible centrifugal pump, PRV-03 is currently producing 500 barrels per day of oil,” Perenco said.
Despite the president-elect’s promises, production is unlikely to surge as Wall Street demands returns over growth.
A Texas-based company with oil and gas operations in Weld County will soon pilot an electric fracking fleet on eight wells it recently drilled on its Shelduck pad.
Based on data from offshore operator reports submitted to the Bureau of Safety and Environmental Enforcement, 17 Gulf of Mexico platforms have been evacuated, or nearly 5% of the 371 platforms in the ...
Geopolitical turmoil, particularly in the Middle East, used to send oil prices soaring, as frantic traders—anticipating potential supply shortages—added what’s often called a “war premium” to the ...