Contaminated oil was discovered at the Ceyhan terminal. Putin's decree on tanker control could become a tool for exerting ...

While its title sounds ominous enough, the news is bad for more than just 'burbanities -- for the entire world, actually -- in Gregory Greene's "The End of Suburbia." Already available on DVD ...

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell this week, noting that ...

Crescent Energy expands in key U.S. oil regions, integrates new acquisitions, adjusts equity structure, and offers a 5.2% ...

Unlike cost depletion, percentage depletion is not based on the investor’s tax basis in each oil or gas property; instead, the percentage method provides for a deduction of a specified ...

Increasing the oil and natural gas tax depletion allowance from 15 percent, where it has been since 1984, would enhance the profitability of wells and probably encourage new drilling. That’s ...

Brunei, often called "The Land of the Petro Dollar," has enjoyed nearly a century of oil-driven wealth. For decades, this tiny yet affluent nation in Southeast Asia has thrived due to its vast oil ...

The high-stakes clash between Exxon Mobil and Chevron over a prized South American oilfield may be a sign of what’s to come in the oil and gas industry as competition for a shrinking pool of prime ...

Dwindling Reserves. The prime tar get of the critics is the oil depletion allowance. It permits owners to deduct from their taxable income 271% of the value that each well yields; more over, the ...

The data is then combined to give a view on the limits to global oil production. to meet demand. oil supplies. and long-term strategic planning by companies and governments. 241 pages, 112 figures ...

Crude oil exports by Mexican state energy company Pemex (PEMX.UL) grew 33% in February compared to January, recovering from a tumble the month before but still down 25% compared to February 2024.

The first local screening of the documentary film, "The End of Suburbia: Oil Depletion and the Collapse of the American Dream," will be held at 6:30 p.m. Tuesday, Sept. 27, at the Fox Room of the ...