Oil prices declined in 2024 due to macro challenges in China and an increase in supply from the U.S. and non-OPEC (Organization of the ...

ExxonMobil earned just $4.03 billion in worldwide earnings in its energy products segment compared to $12.14 billion in 2023.

The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

This article details how Aramco is using recycled plastic waste in the construction of new highways and the program aims to ...

Prime Minister Trudeau says Trump's 51st state comments are real and, whether its an exaggeration or not, a deep threat to ...

MoneyShow presents top investment ideas for 2024 from leading advisors. Part 8 includes Lara Exploration, Imperial Oil, Avino ...

For instance, according to S&P Global Platts, its key export grade crude sold at around US$75 per barrel enabling it to garner oil income of US$211 million a day during September 2023.The ...

In addition to issues caused by international events, especially those that impede the safe transport of natural resources ... In some cases, crude oil production can lead to a transportation ...

Oil Industry Pump Jack Extracting Crude Oil. Fossil Fuel Energy. Worker Climbing on Pump Jack. Exploitation of Fossil Fuel Resources Crude Oil Extraction ... Oil - Multi Screen Video Crude Oil and ...

This is 300 per cent higher than the cost of producing the same crude in Saudi Arabia, which is $10 per barrel. According to the NUPRC, rising production costs, coupled with volatile global oil ...

The Egyptian General Petroleum Corporation (EGPC) is aiming to increase crude oil production from its onshore and offshore ... Companies affiliated with the Ministry of Petroleum and Mineral Resources ...

If natural gas manages to settle above $3.25, it will move towards the resistance at $3.55 – $3.60. WTI oil retreats as traders focus on the EIA report, which indicated that crude inventories ...