The shale oil drilling techniques which led to a boom in oil and gas production could be used to develop geothermal energy, and meet up to 15% of global electricity demand growth by 2050, the ...

The Permian Basin Petroleum Association says there is an encouraging amount of oil and natural gas drilling in the Basin and other experts report that the wide array of factors at play brews a great ...

The oil and gas industry is one of the largest sectors in the world, valued at $6.10 trillion in 2024 and projected to surpass $8.79 trillion by 2034. The sector also generated more than $4.2 trillion ...

BAGHDAD, March 12 (Reuters) - Iraq has asked a Chinese oil company to review its drilling techniques agreed under a Saddam Hussein-era contract to develop the Ahdab oilfield, Oil Minister Hussain ...

Deep Isolation Nuclear Inc. uses drilling techniques developed for fracking by the oil and natural gas industry to dig boreholes where it can deposit spent nuclear fuel rods. A nuclear technology ...

Oil rig platform Esther and large container ships anchored off the Huntington Beach coast in 2021. A package of energy bills passed by California lawmakers would help expand oil production in the ...

US oil drilling activity has dropped to near post-pandemic lows due to low oil prices and cost inflation, with the rig count falling for over two years. Oil companies are prioritizing shareholder ...

An LA County Superior Court judge ruled that the city of L.A.’s ordinance to ban new oil drilling and phase out existing drilling within the city over 20 years is illegal. The background: In 2022, the ...