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Aug 121 min

Is AI About to Run Out of Data? The History of Oil Says No

Is the AI bubble about to burst? Every day that the stock prices of semiconductor champion Nvidia and the so-called “Fab Five” tech...

Aug 91 min

Petrobras secures environmental clearance to expand production at offshore fields

The licences will facilitate an increase in oil output at the Mero and Buzios fields, both located in the Santos Basin of the Atlantic...

Aug 71 min

Diamondback Energy raises 2024 oil production target as U.S. shale drillers lift forecasts

Diamondback, one of the largest independent operators in the oil-rich Permian basin of West Texas and New Mexico, expects to pumps as...

Aug 51 min

The world's top offshore oil fields play a vital role in meeting the ever-growing energy demand

The exploration and extraction of oil from beneath the ocean floor have propelled numerous offshore fields into the limelight as crucial...

Aug 21 min

Hess increases oil and gas production on Guyana,

Hess increases oil and gas production on Guyana, Bakken success amid Chevron, ExxonMobil arbitration Read More:...

Jul 311 min

ADNOC’s SARB Field begins AI-enabled digital operations

ADNOC has announced that its offshore Satah Al Razboot (SARB) field has achieved a 25% increase in production capacity through the...

Jul 291 min

No easy answers to China’s raging thirst for oil

China has been making noteworthy offshore oil discoveries recently. Earlier this month, state-run China National Offshore Oil Corporation...

Jul 261 min

The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

America's oil production boom will last for at least the next 18 months, according to Goldman Sachs. Read More:...