Several major oil-producing countries—including the UAE, Iraq, Saudi Arabia, Brazil, and Guyana—are expanding production ...

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

Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...

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

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 ...

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 ...

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 ...

It holds the most extensive exploration acreage in the country, covering over 40 percent of awarded blocks, giving it a ...

The nation's strategic oil reserves went down during President-elect Donald Trump's first tenure in office as well, starting at 695.1 million barrels and ending at 638.1 million.

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 ...

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 ...