But industry leaders have also been clear that these and other policy changes floated by Trump won’t lead to more drilling.

Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.

Despite Trump’s push for increased oil production, U.S. energy companies remain cautious, waiting for higher prices.

U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

Earnings from oil and gas production were $6.28 billion ... down from $38.57 billion the year earlier. A chart showing the profits for the top 5 U.S. and EU oil companies in 2024 Exxon's results ...

Saudi Aramco has retained its position as the world's most profitable company for the third consecutive year, raking in a ...

adding he believed there was "no way" Trump would significantly increase shale production in the US. Analysts generally expect oil prices to remain stable over the next year. On Thursday ...

Upstream oil and gas industry merger and acquisition ... assets to feed burgeoning demand from LNG and data centers.” Chart showing the Top 5 Upstream Deals tracked by EIR during the 4th ...

As it stands, US oil production in 2024 is set to have its lowest year of growth in since prior the shale revolution. Not only has recent US oil production disappointed, but evidence points to ...

Despite US President Donald Trump’s encouragement to increase drilling, US oil and gas companies are expected to prioritize ...