The war in Iran has pushed global oil prices higher, which boosts oil company revenues. But major U.S. oil companies aren't ...

One of the big concerns facing the oil market revolves around the ability of Gulf oil producers to restore oil supply once ...

Discover the crucial exploration and production stages in upstream oil and gas. Understand how drilling and extraction are ...

If oil is in such short supply, why can’t we simply drill more of it? The answer for the past couple months has been ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This article is more than 2 years old. CRANE, TEXAS - MARCH 12: ...

Seven oil-producing nations in OPEC+ — including Saudi Arabia and Russia — say they've agreed to a modest output increase in ...

U.S. February oil production increased by 389 kb/d to 13,626 kb/d and is down by 238 kb/d from October. Read more here.

Over the past 60 years, U.S. oil production has seen its ups and downs. From the decline that began in 1970 through the fracking boom of the 2000s, U.S. presidents have overseen a wide range of oil ...

Mexican state-owned oil company Pemex said its seven domestic refineries processed an average of 1.014 million b/d of crude oil in 2025, up 12% from 2024, marking the first time since 2015 that annual ...

Archaeologists unearthed the Roman Empire’s second-largest olive oil processing complex in Tunisia. The find sheds light on the region’s central role in olive oil production and trade, and in turn the ...