The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural gas production is expected to average 1.72 bcfd this year and 1.64 bcfd in ...

Norwegian oil and gas production exceeded the regulator’s forecast by 2.6% in August, for the second consecutive month, data from the Norwegian Offshore Directorate showed on Tuesday. Last month, oil ...

EIA and BOEM: Gulf of Mexico’s output is projected to rise from 1.8 million barrels per day (bpd) to 2.4 million bpd by 2027. Recent BOEM assessments estimate the Gulf holds 29.59 billion barrels of ...

OSLO, July 22 (Reuters) - Norway's combined oil and gas production exceeded an official forecast by 2.3% in June, the Norwegian Offshore Directorate (NOD) said on Tuesday. Norway is Europe's largest ...

COPENHAGEN, May 20 (Reuters) - Norway's combined oil and gas production exceeded an official forecast by 1.2% in April, even though it declined slightly year-on-year, the Norwegian Offshore ...

In 2024, the oil and gas markets were shaped by several significant trends including shifting demand, geopolitical turmoil and rising production. As the two key oil benchmarks (Brent and West Texas ...