ConocoPhillips CEO Doubles Down on Alaska Oil as Competitors Leave Arctic

[ad_1] Business Ryan Lance says Alaska, where he began his career, will provide much-needed crude for decades to come [ad_2] Source link

U.S. Shale Boom Shows Signs of Peaking as Big Oil Wells Disappear

[ad_1] HOUSTON—The boom in oil production that over the last decade made the U.S. the world’s largest producer is waning, suggesting the era of shale growth is nearing its peak.…

Frackers Increase Spending but See Limited Gains

[ad_1] U.S. oil and gas producers raked in profits last year, but inflation and inventory cloud 2023 prospects. [ad_2] Source link

Oil-Exporting Colombia Says No to Oil Exploration

[ad_1] World Latin America President Gustavo Petro says climate change threatens mankind, economists say oil is critical for growth [ad_2] Source link

The Offshore Oil Business Is Gushing Again

[ad_1] The $1.2 billion Deepwater Titan sat idle in a Singaporean shipyard for five years, looking like an abandoned cruise ship with a derrick attached to its deck. Soon this…

Indonesia Risks Confrontation With China Over Gas Project in South China Sea

[ad_1] The Southeast Asian country is growing its presence near the Natuna Islands in waters where Beijing claims maritime rights. [ad_2] Source link