It is now plausible to envision scenarios in which global demand for crude oil falls to essentially zero by the end of this century, driven by improvements in clean energy technologies, adoption of ...

Ryan Kellogg, a scholar at the university's Energy Policy Institute, said he expects lower industry investments and falling global oil supply, bucking a belief that oil producers would accelerate near ...

The United States is the largest oil producer in the world. Crude oil has been extracted there since the 1850s and in the years since U.S. oil production has grown to over 19 million barrels per day.

ExxonMobil Guyana and its Stabroek Block co-venturers, Hess and CNOOC, yesterday announced they had extracted 500 million barrels of oil from Guyana’s offshore Stabroek block and that plans were ...