OIL PRODUCTION

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Dec 17 2025TECHNOLOGY

Kuwait's Oilfields Get a High-Tech Boost

Kuwait Oil Company (KOC) is teaming up with Baker Hughes to boost oil and gas production. The deal focuses on advanced artificial lift systems, which help get more out of existing fields. The agreement is for several years and includes electrical submersible pumps (ESPs). These pumps are crucial fo

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Oct 15 2025BUSINESS

A New Wave in U. S. Oil Production: Offshore Takes the Lead

The U. S. oil industry is seeing a shift. Offshore drilling in the Gulf of Mexico is stepping into the spotlight. This change comes as onshore production slows down. Lower oil prices and aging shale fields are making it harder for onshore to keep up. New technology is making offshore drilling more

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Sep 18 2025BUSINESS

Gas Prices: Ukraine's New Move Shakes Things Up

Gas prices were on a downward trend in the summer of 2025. By Memorial Day and July 4th, they hit a low not seen since 2021. The American Automobile Association noted a 30-cent drop per gallon compared to 2024. With winter approaching, hopes were high for even lower prices, offering a break from ris

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Mar 06 2025BUSINESS

Gas Prices: Who Pays More Under New Tariffs?

The new tariffs on fuel imports from Canada might make some Americans reach deeper into their pockets at the gas pump. Gas prices could go up in the Northeast and on the West Coast, but not right away. The tariffs are 25% for most imports, but only 10% for energy products. The Uni

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Jan 18 2025ENVIRONMENT

Palm Oil Farmers: Different Paths, Same Goal

Did you know that small farmers are the backbone of the palm oil industry? They produce more than 40% of the world's palm oil, which is both beloved and criticized. There's been a lot of talk about how palm oil affects the environment and communities, so programs have been created to help small farm

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Nov 01 2024BUSINESS

Exxon's Q3 Surprise: Big Production, Lower Profits

Exxon Mobil just had a quarter to remember, but not everything is rosy. The oil giant hit a production high not seen in over four decades, pumping out 3. 2 million barrels of liquids daily. However, profits took a dip, falling about 5% compared to the same time last year. Why? Blame it on refining m

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