Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...
Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and ...
This would increase the inflow of capex in upstream and add to global supplies," said Mukesh Surana, CEO, Ratnagiri Refinery & Petrochemicals Ltd. In the long term, higher US oil output can "moderate ...
Image source: Getty Images. However, the oil industry is highly competitive and volatile. Profits and losses can swing wildly based on small shifts in demand or moves by petrostates such as Saudi ...
PORTLAND, Ore. (KTVZ) – The price of crude oil jumped to $80 a barrel last week, and that’s pushing pump prices higher in 45 states, including Oregon, AAA Oregon/Idaho reported Tuesday.
Yet, although big oil companies are said to be responsible for trillions of dollars in damages to homes, infrastructure and livelihoods, no court has forced the industry to pay. Market forces are ...
“For [artificial general intelligence] to get built here, to create hundreds of thousands of jobs, to create a new industry centered ... vice president at the Information Technology and ...
NEWARK, Del, Jan. 20, 2025 (GLOBE NEWSWIRE) -- The global oil & gas analytics industry was valued at USD 4.7 billion in 2020 and is expected to experience significant growth, with a projected year ...
Gbenga Komolafe, Commission Chief Executive of NUPRC, disclosed this during the Petroleum Industry Stakeholders forum held in Abuja on Thursday. According to Komolafe, it was asserted that the energy ...
Citing estimates, based on international fuel trading in the past four days, Department of Energy-Oil Industry Management Bureau Assistant Director Rodela Romero said the following are the anticipated ...
As President-elect Donald Trump's picks for energy posts face confirmation hearings this week, the oil industry's top lobbying group detailed its recommendations for the incoming administration.
Why it matters: After a decade of robust growth from 2011 to 2021, the gaming industry has hit a plateau, creating a climate of caution and reduced investment. However, amidst this stagnation ...
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