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 ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

As of April 2024, the world's oil production and consumption figures highlight the leading countries in these sectors, showcasing their roles in both producing and consuming oil. The total world ...

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.” ...