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 ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

The report received considerable media attention because of the projection that by 2030 oil production will reach “a staggering 8 million barrels per day above projected global demand.” ...

NEW YORK (Reuters) -Oil prices will be under pressure over the next two years as global production growth outpaces ... of Texas and New Mexico, the world's largest shale oil-producing region ...