Concerns that the world is running out of oil and has reached its peak production level have been in the headlines frequently of late, but Centre for Global Energy Studies (CGES) Deputy Executive ...

B ig Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s ...

Despite weaker crude prices and a looming supply glut, major oil companies are significantly increasing production, betting ...

President Biden's decision to drain the Strategic Petroleum Reserve (SPR) to its lowest level in decades is back in the spotlight amid the war between Israel and Palestinian Islamist group Hamas, ...

Foreign and domestic oil operators in Israel will now receive the benefits of depletion allowances, retroactive to the beginning of oil exploration in the state, the Government of Israel announced ...

A pumpjack operates just outside of the Odessa Ector Power Partners natural gas power plant Wednesday, March 9, 2022, in Odessa, Texas. (Odessa American/Eli Hartman) Increasing the oil and natural gas ...

Oil troubles the water it floats on this year from the Pacific surf to the Potomac, and even water where it isn’t, along the deep blue coast of Maine, is sullen against it. The 27.5 percent oil ...

As a geophysicist and Fellow of the American Geophysical Union, I don't qualify to be a "Flat-Earth Economist"—to use Colin Campbell's terminology. Just the same, in this debate about imminent oil ...

The peak oil issue is essentially a race between resource depletion and the continuing development of technology, according to industry and academic experts at the third annual conference by the ...

In 'Fuel of War,' players can have fun as an oil shortage spurs a new world war. Feb. 20, 2008— -- Sometime in the near future, gas will cost about $20 a gallon. It gets worse: China and Russia ...