A new US Department of Energy survey provides updated data on oil & natural gas production in the CaspianBasin. It shows that ...

Nevertheless, U.S. oil and natural gas production are both poised to set new annual production records, after monthly production has risen steadily all year. How can that be if the rig count is ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

Feb. 3—AUSTIN — Statewide and county crude oil and natural gas production as reported to the Railroad Commission of Texas for November 2024 came from 159,727 oil wells and 82,958 gas wells ...

Published Jan. 14, 2025Updated Jan. 21, 2025 For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer ...

Kazakhstan's oil production reached a record high of 2 million barrels per day following the start-up of Chevron's expansion project at the Tengiz oilfield.

Billions of cubic meters of natural gas are flared or vented at oil production sites around the globe each year. Flaring gas contributes to climate change by releasing millions of tons of carbon ...

Abdel-Ghani said that oil production would be raised by up to 150,00 barrels per day (bpd) under the deal, which also had a gas component. The oil would flow to refineries in the north currently ...