oil production

Trump asked top oil execs for $1 billion campaign cash in exchange for environmental policy rollbacks, report says

Politics
Amanda Smith

Donald Trump made a $1 billion fundraising pitch to oil executives, The Washington Post reported. Trump promises to dismantle Biden‘s environmental policies ...

US energy industry methane emissions are triple what government thinks, study finds

Science
Dr. Sarah Adams

American oil and natural gas wells, pipelines and compressors are spewing three times the amount of the potent heat-trapping gas methane as ...

Exxon overcomes hefty charge and falling crude prices in fourth quarter to top profit expectations

Business
Jessica Roberts

Exxon Mobil’s fourth-quarter revenue and profits declined along with the price of oil, and the energy giant was weighed down by a ...

Ukrnafta unleashes additional 50 tons of daily oil production with new well launch in eastern Ukraine

World
David Turner

Ukrnafta has commissioned a high-yield oil well in eastern Ukraine, boosting its daily oil production by an impressive 51.4 tons. The initial ...

US Coast Guard responds to oil spill in Gulf of Mexico

Science
Dr. Sarah Adams

(Reuters) – The U.S. Coast Guard said on Wednesday it was responding to an oil discharge near the Main Pass Oil Gathering ...

Despite Biden climate change pledges and conservative complaints about a war on energy, the US is on pace for record oil and gas production in 2023

Politics
Amanda Smith

US oil and gas production is having a record year. The numbers contradict the GOP narrative of Biden waging a war on ...

The drop in oil prices is just a ‘ploy’ as speculators pretend demand is weak, Saudi Arabia energy minister says

Business
Jessica Roberts

Saudi Arabian Energy Minister Prince Abdulaziz bin Salman.REUTERS/Satish Kumar The drop in oil prices is just an act being put on by ...

Chevron Muscles Into Hottest Oil Patch With $53 Billion Purchase

Business
Jessica Roberts

(Bloomberg) — The crown jewel of Chevron Corp.’s $53 billion acquisition of Hess Corp. is a piece of larger rival Exxon Mobil ...