US President Donald Trump says now that Nicolas Maduro is gone, more US oil companies will enter Venezuela and spend billions ...

U.S. action in Venezuela has renewed focus on the country’s vast oil reserves, heavy crude challenges, and the expropriations ...

Oil has long been the backbone of Venezuela’s economy. The state-owned oil company PDVSA was once regarded as one of the most ...

With oil below $60, Permian Basin output stays flat as operators pivot to natural gas for LNG and AI, setting up a potential 2027 rebound.

Offshore Production Operator — typical annualized total compensation in USD by experience: Entry $85,000–$115,000; Mid-Career $120,000–$160,000; Senior $170,000–$210,000. These reflect offshore ...

With production stalling and oil prices dropping, operators could focus on recovery rates and inventory, analysts say ...

U.S. oil output hit a record 13.84M barrels per day in September. New Mexico, Alaska and Oklahoma drove monthly production gains. Offshore Gulf production reached its highest level since 2020.

Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has started oil production at its Whale floating production platform, the company's 14th deep-water development in the Gulf of Mexico. The start ...

Lower oil prices and a focus on shareholder returns are leading US oil companies to drill less, slowing production growth. Efficiency gains have partially offset the decline in drilling activity.

Wyoming oil and gas operators are cheering a BLM announcement last week to delay a Biden-era 1,400% hike on bonding costs.

The first oil production from a joint U.S.-French corporate venture in the Gulf of America was a welcome indication that President Donald Trump’s agenda to "unleash American energy dominance" is ...

Russian oil production is facing a significant decline due to global sanctions imposed after the invasion of Ukraine, which have denied Russia access to essential Western technology and equipment ...