At present, oil extraction in the United States sits at record levels of roughly 13.2 million barrels per day. No wonder oil is so expensive. Wait, what’s that you say? U.S. extraction at record ...

Discover how steam-assisted gravity drainage (SAGD) revolutionizes heavy oil extraction by making deep oil reserves accessible and economically viable.

This essential American industry is involved in the exploration, development, and the production of petroleum or natural gas from wells. It also includes the extraction of crude petroleum from shale ...

Ecuador is failing to comply with key provisions of an Inter-American Court of Human Rights ruling to protect the Tagaeri and ...

Exxon Mobil, Chevron and Occidental Petroleum are betting big on emerging technologies to extract lithium from drilling wastes and salt flats. Since oil and gas drilling began nearly 150 years ago, ...

Rigzone takes a closer look at the Texas Independent Producers & Royalty Owners Association's (TIPRO) latest State of Energy report. Image by Dragon Claws via iStock The industry that paid the highest ...

It’s fitting that this first column of 2011 takes a look into the crystal ball -- at the energy source that pretty much defines our culture. That we consume oil prodigiously is an understatement. The ...

Karlin Nageak Itchoak, senior director for Alaska at the non-profit Wilderness Society, is very much against the $ 8 billion petroleum extraction Willow Project. The Willow Project is in a 25-million ...

What is the price of crude oil today? WTI futures traded at $82.30 per barrel, as of 9 a.m. ET. Year to date, WTI prices are up by 12.06%. Brent futures traded around $85.45/bbl, a drop of 0.09% in ...

Global crude oil production has been unable to recover to its 2018 peak, suggesting that we may have passed the peak oil era. Oil prices are influenced by a complex interplay of factors, including ...