FILE PHOTO: Drilling rigs operate in the Permian Basin oil and natural gas production area in Lea County, New Mexico, U.S., February 10, 2019. Picture taken February 10, 2019. REUTERS/Nick...
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(Bloomberg) --Iraq said the OPEC+ oil cartel is unlikely to change its production policy at next month’s meeting and repeated promises to deliver overdue output cuts, even as the Arab...
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OKLAHOMA CITY, Feb. 10, 2021 /PRNewswire/ -- Oklahoma's non-profit organizations are giving a big thank you to the people of Oklahoma Oil & Natural Gas. Despite the downturn, organizations, companies and...
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Saudi Aramco discovered two oil and gas fields in northern parts of Saudi Arabia, the kingdom’s official news agency reported, citing Energy Minister Prince Abdulaziz bin Salman. Gas has started flowing...
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PETRONAS aims to leverage the fifth generation (5G) technology to elevate the national oil and gas industry through automation and digital transformation. It is now in the midst of running...
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The oil and gas industry is one of the most profitable and flourishing industries in America. In fact, this industry supports about 8% of the country’s Gross Domestic Product and supports around...
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Advancements in technology have allowed energy companies to discover developed and proven oil fields more efficiently. The energy industry shows high returns owing to the continuous increase in demand; and as...
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Investing in oil and gas holds great benefits – ranging from tax savings to high profitability. The demand for oil and gas doesn’t seem to be going down anytime in the...
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