A state court in Germany has halted oil drilling in the north-eastern Wadden Sea, finding in favour of an environmental group ...
Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Ahead of his second term, President Donald Trump revived the ...
Unit Corporation has delivered strong returns, driven by production growth and new investor interest, but now approaches fair value. Recent drilling reversed production declines, validating asset ...
U.S. crude oil production likely will fall over the next year-and-a-half as producers cut back on drilling activity in response to lower oil prices, the U.S. Energy Information Administration said ...
Targeting Ore Reserves, PFS and ML application by the end of 2026HIGHLIGHTSMay 2025 Optimised Scoping Study (OSS) ...
ConocoPhillips, Shell, Chevron, bp, and ExxonMobil have announced major layoffs. Mostly these cuts reflect strategic adjustments rather than a retreat from upstream operations. Each company has ...
Canadian independent Valeura Energy is ramping up activity at its key assets offshore Thailand with multi-well drilling campaigns on the cards as it steps ups efforts towards final investment decision ...
Management confirmed plans to increase drilling in the deep Anadarko basin with the addition of a third rig in Q4 2025, contingent on reinvestment rate limitations. Natural gas production is expected ...
U.S. crude-oil production is likely to decline over the next 18 months as producers cut back on drilling activity in response to lower oil prices, the U.S. Energy Information Administration said ...
Upstream President Liam Mallon recently dismissed the notion that U.S. producers will dramatically increase output under a second Trump term. Lower profits at major oil companies could further ...
LOS ANGELES, Nov. 18, 2025 /PRNewswire/ -- Consumer Watchdog and FracTracker Alliance said today that the latest oil and gas data confirms a long-term, irreversible trend. California's oil production ...