Hilcorp Alaska plans to build a new development in a western corner of Prudhoe Bay that will produce 40,000 barrels of oil daily, a company representative said. Project Taiga will start by producing ...

LONDON (Reuters) - The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on ...

Institutional oil market forecasts from OPEC, EIA, and IEA are increasingly agenda-driven, leading to unreliable guidance and frequent revisions. IEA now acknowledges accelerating decline rates in ...

A United States-owned oil and gas field was among sites in Iraq's Kurdistan region targeted by drones, raising concerns about attacks from Iran-backed militias in the area, where tensions have spiked.

— -- British energy producer BP on Wednesday reported a "giant" oil discovery in the Gulf of Mexico that's likely to spur more excitement about the region's potential. The well, 250 miles ...

The British major will develop five massive oil fields in the Kirkuk region. The deal, alongside TotalEnergies’ $27 billion project, is part of Western efforts to reduce Iraq’s dependence on Iran for ...

After a century of oil extraction in the Baldwin Hills, pressure is mounting to free the 1,000-acre oil field for a better use. But long-held plans for a park may now face competition from the need ...

This article was produced for ProPublica’s Local Reporting Network in partnership with The Frontier. This story is co-published with Grist, which contributed to its development. Sign up for Dispatches ...

Despite the White House’s “drill, baby, drill” mantra, the business of providing equipment and services for the oil field is hardly booming these days. Now, oil-field service companies are going after ...