U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp chief executive officer Vicki Hollub said on ...
Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...
U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...
U.S. oil production will likely peak within the next five years or so, Oxy’s CEO Vicki Hollub said. But secondary and tertiary recovery methods, such as CO2 floods, could sustain U.S. output.
At CERAWeek 2025, Saudi Aramco’s CEO Amin Nasser challenged the IEA’s forecast of peak oil demand.' The IEA maintained that even with peak demand, ongoing investments in oil and gas will be necessary ...
Shell's global energy forecast for 2025 shows robust global demand for oil, natural gas, and LNG for decades to come.
The consortium expects phase 4 to average 21,000 barrels of oil equivalent a day. The development consists of three oil ...
HighPeak Energy Inc (HPK) reports a 10% production increase and a $120 million debt reduction, while maintaining operational efficiency amidst challenging market conditions.
Sitio finished 2024 relatively strongly with approximately 40,900 BOEPD (47% oil) in Q4 2024 production. This was a record ...
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Khaleej Times on MSNOccidental Petroleum sees US oil output peaking in next five yearsOccidental on Tuesday said it is aiming to grow output from conventional wells, which make up about a third of its total ...
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