Exxon and Chevron hike oil production despite global glut and see more ‘frontier exploration’ as U.S. shale boom slows

Big Oil leaders Exxon Mobil, Chevron, and Shell continue to hike their crude oil production volumes from West Texas’s Permian ...

Exxon posts strong quarterly earnings with production in Guyana and the Permian Basin picking up

Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production ...
OilPrice.com on MSN

U.S. Rig Count Falls Despite Record Production

The total number of active drilling rigs for oil and gas in the United States fell this week, while weekly U.S. crude oil ...

Oil executives predict 2026 price 'low point' as Permian Basin ramps up production capacity

America's oil magnates are prepared for prices to be lower next year, as supply on Texas' Permian Basin ramps up to account for 40% of U.S. oil production in the near future.

Top 6 Oil-Producing States

Though over half of 50 states produce at least some crude oil, there are six in particular that are responsible for the bulk of U.S. production.
Marketplace

Oil production is booming. Where is it all going?

The International Energy Agency predicts production to outstrip demand by a record 4 million barrels per day by next year.

Northern Oil and Gas boosts production guidance, closes Uinta royalty acquisition

Northern Oil and Gas provided updated guidance on production and capital spending, and an update on ground game transactions ...

OPEC production confusion should put floor under oil prices

Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in ...
Kyiv Independent on MSN

Ukraine strikes two oil refineries, gas plant in Russia, military confirms

Ukraine's military reportedly struck an oil refinery as well as a chemical plant in Russia's western regions overnight on Oct ...