The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

as we expect that global oil production will grow more than global oil demand," the agency said in its short-term energy outlook, published Tuesday. The agency sees global oil production growing ...

Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...

In its Short-Term Energy Outlook, the EIA said it expected global oil production to add 1.8 million barrels daily this year and another 1.5 million barrels daily in 2026. In the United States ...

Oil prices are expected to face downward pressures over the next 2 years due to global oil production outpacing demand, according to a report by the US Energy Information Administration.

NEW YORK (Reuters) -Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

The EIA says the 2023 oil production record is unlikely to be broken by another country anytime soon. Today’s national average per kilowatt hour of electricity at a public EV charging station ...