Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Ahead of his second term, President Donald Trump revived the ...

IMG, has renewed drilling activity at the Anik joint venture in Québec, expanding its current exploration work. The company ...

U.S. crude oil production likely will fall over the next year-and-a-half as producers cut back on drilling activity in response to lower oil prices, the U.S. Energy Information Administration said ...

Targeting Ore Reserves, PFS and ML application by the end of 2026HIGHLIGHTSMay 2025 Optimised Scoping Study (OSS) ...

Reservoir quality was as expected, with an average porosity exceeding 19% and average oil saturation above 70%.

Unit Corporation has delivered strong returns, driven by production growth and new investor interest, but now approaches fair value. Recent drilling reversed production declines, validating asset ...

ConocoPhillips, Shell, Chevron, bp, and ExxonMobil have announced major layoffs. Mostly these cuts reflect strategic adjustments rather than a retreat from upstream operations. Each company has ...

The Solveig Phase 2 project, which lies near the Edvard Grieg platform, adds about 39 MMboe of recoverable resources, adding ...

Canadian independent Valeura Energy is ramping up activity at its key assets offshore Thailand with multi-well drilling campaigns on the cards as it steps ups efforts towards final investment decision ...

President Trump posted two things on his social media platform this morning: One calling for “everyone” to “keep oil prices down” and another calling on the Department of Energy to “drill, baby, drill ...

Upstream President Liam Mallon recently dismissed the notion that U.S. producers will dramatically increase output under a second Trump term. Lower profits at major oil companies could further ...

Wildcat drilling involves high-risk oil and natural gas exploration in unproven areas. Learn how it works, the potential ...