Shale drillers have turned the biggest oil field in the U.S. into a pressure cooker that is literally bursting at the seams. Producers in the Permian Basin of West Texas and New Mexico extract roughly ...
Shale drillers have turned the biggest oil field in the U.S. into a pressure cooker that is literally bursting at the seams. Illustration. Producers in the Permian Basin of West Texas and New Mexico ...
Are silver prices in a bubble? Silver was up more than 140% in 2025, to $70 an ounce, making it the year’s top-performing financial asset. Meanwhile, oil prices last year slid nearly 20%, to $58 a ...
After spending nearly $50 billion to expand the country’s Tengiz oil field, the American oil giant and its partners encounter more uncertainty. The Tengiz field in Kazakhstan has been producing oil ...
Federal Reserve Governor Stephen Miran's forecast calls for 1.5 percentage points of cuts to the federal funds rate target ...
Petrobras PBR, the national oil and gas company of Brazil, successfully began the production of oil at the FPSO P-78 unit in the Búzios field, located in the pre-salt layer of the Santos Basin. This ...
President Donald Trump’s Cabinet officials are scheduling their first formal calls with oil company CEOs to press them to revive Venezuela’s flagging oil production, four people familiar with the ...
America’s most productive oil patch is now grappling with a problem it cannot drill its way out of: mounting underground pressure from billions of barrels of dirty water. What began as a quiet ...
Senate Bill 1137 establishes a 3,200-foot minimum distance between new oil wells and homes, schools, hospitals, parks and ...
Production has started at Beacon Offshore Energy’s Zephyrus field in the US Gulf, the Houston-based operator announced on ...
Drillers' injection of wastewater is creating mayhem across the Permian Basin, raising concern about the future of fossil-fuel production there. Trump's Inner Circle Sees Russia as an El Dorado for ...