BURLINGTON, Mass., June 23, 2026 (GLOBE NEWSWIRE) -- COMSOL, an independently owned global leader in modeling and simulation software, today announced the release of the 2026 edition of COMSOL News, ...

Oil wells often dry up far earlier than predicted, leaving companies baffled about the “missing” reserves. A Penn State team tackled this puzzle by harnessing PSC’s Bridges-2 supercomputer, adding a ...

Thousands of abandoned oil and gas wells are strewn across southern Illinois, remnants of a distant past when the state was one of the nation’s top oil producers. They litter farm fields, hide in ...

Companies that violate the Illinois Oil and Gas Act could face stiffer fines under a new bill aimed at reducing the thousands of abandoned oil and gas wells scattered throughout downstate Illinois.

Applied Computing has raised a $20M Series A to build a foundation AI model for the oil, gas and petrochemical industry.

This is read by an automated voice. Please report any issues or inconsistencies here. See more from the L.A. Times in Google Search. Set us as preferred The Los Angeles City Council backed an ...

Ovintiv shares have been under pressure of late, but they could soon bounce following the energy company's strategic overhaul of its portfolio, according to Wells Fargo. The bank upgraded the oil and ...

New Mexico regulators Wednesday voted to adopt new bonding requirements for oil and gas wells, regulations that aim to ensure the industry — instead of taxpayers — foot the bill for cleaning up wells.

The moment of truth is just about here. The Strait of Hormuz has reopened, for now, and Middle Eastern countries that shut off their oil wells during the war (the term is actually “shut in”) are about ...

Here’s a true story about the West: An oil company leases some public land, drills a well, pumps the oil, and posts a $10,000 bond as its promise to clean up the site when the well runs dry. Years ...

June 22 (Reuters) - The Trump administration on Monday proposed looser rules for oil and gas drilling operations on federal lands, including a dramatic cut to clean-up costs ‌for abandoned wells. The ...

Oil prices were lower after Iran said it would not meet with U.S. delegates for talks in Qatar. Brent crude futures dropped roughly 21% in June, notching its largest monthly decline since March 2020.