Report Shows Big Oil’s Proved Reserves Dwindling
The drop, according to Norway-headquartered Rystad Energy, could result in oil reserves running out within 15 years if large commercial discoveries are not made quickly.
May 6, 2021
Analysts Forecast US Shale Growth Likely by Year-end
As the oil sector rebounds from a tough 2020, analysts discuss trends and what the future could hold for U.S. shale.
May 4, 2021
Report Shows Global Flaring Levels Down in Oil Sector
The U.S. and Nigeria were among the countries noted for making strides in lowering volumes of flared gas.
April 30, 2021
What’s Next for the Global Oil Market?
Energy experts at Rice University’s Baker Institute share insight on OPEC+, U.S. shale and global oil demand.
April 27, 2021
Exxon Mobil Strikes Oil at Uaru-2 Offshore Guyana
The find pushes the estimated amount of discovered recoverable resources on the Stabroek Block offshore Guyana beyond 9 billion barrels of oil equivalent, Exxon Mobil and partners say.
April 27, 2021
Summer Outlook Appears Favorable for US Natgas Production, LNG Exports
A myriad of potential risks to production, however, are at play, according to analysts.
April 21, 2021
Can the World Reach Net-Zero Emissions by 2050?
The road to net zero will require closing technology gaps, collaboration, policy and realism among other steps, energy experts say.
April 15, 2021
BP, Partners Hit Oil at Puma West in GoM
Drilled to a total depth of 23,530 ft just 15 miles west of the BP-operated Mad Dog Field, the well hit high-quality Miocene reservoir, BP says.
April 13, 2021
Laterals, Exports, Price Among Keys to Haynesville Shale Success
Goodrich Petroleum COO shares insight on its operations in the gassy Haynesville Shale as forecasts show natural gas prices and LNG exports rising.
April 8, 2021
Carbon Tax Vital in Energy Transition, Oil Execs Say
While a carbon tax may drive certain desired behaviors during the energy transition, there is no one solution to the world’s emissions woes, oil industry executives say.
April 7, 2021