US-based Halliburton has announced a collaboration with Petronas exploration and production (E&P) subsidiary Petronas Carigali to deploy next-generation subsurface modelling and reservoir management ...

Libya’s AGOCO has repaired a key crude oil pipeline as the country attracts major international oil companies in its first ...

Since 2021, oil and gas wells in the lower 48 states have generated more than $485 billion in free cash flow, the money left over after spending on operations and new projects, according to ...

Discover why US shale oil production faces challenges ahead, with plateauing growth, weather impacts, and potential production drops at $50/bbl WTI. Click for more.

Researchers at the University of Liège (BE) have designed a high-performance, open-access continuous flow process to safely produce key antibacterial drugs from bio-based furfural. The results of ...

Intensified Continuous Flow Process for the Scalable Production of Bio‐Based Glycerol Carbonate**. Angewandte Chemie International Edition , 2024; DOI: 10.1002/anie.202319060 Cite This Page : ...

U.S. oil production hit a record under Biden. ... The flow of huge amounts of crude from American producers is playing a big role in keeping prices down at the pump, ...

The improved free cash flow projections for 2025 (compared to my prior projections) boosts my estimate of Matador's value by $2 to $82 per share at long-term (after 2025) $75 WTI oil and $3.75 ...

Luda 5-2 North Phase 2 aims to unlock field’s full potential with expected peak output of 6700 barrels of oil equivalent per day by 2026, using thermal recovery techniques for heavy crude production ...

The U.S. produced 12.9 million barrels of oil per day (BPD) last year. That was the most crude oil produced by any country in history (and well ahead of rivals Russia, with 10.1 million BPD, and ...