Despite being the world's second-biggest producer of soybean oil after China, the United States all but ceased to export the ...

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

State-run Oil India Limited (OIL) is targeting crude oil production of 4 million metric tonnes (MMT) for 2025-26, higher than the current financial year’s production target of 3.5 MMT, ...

Shell has started first oil production from the next development phase of a deepwater oil project offshore Malaysia, the UK-based supermajor said on Friday as Europe’s largest oil and gas ...

The Permian Basin is set to boost U.S. oil and gas output in 2025, with oil production rising to 13.64 million barrels per ...

Higher exports and increased demand from the huge new African refinery, Dangote, pushed Nigeria’s oil production in February 70,000 barrels per day (bpd) above its OPEC+ quota of 1.5 million bpd ...

Ankara: Türkiye has significantly increased its domestic oil production, reaching a daily output of 132,000 barrels as of March, Turkish Energy and Natural Resources Minister Alparslan Bayraktar ...

The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude oil industry has developed hardly at all in ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

The EIA predicts dry gas production will rise from 103.2bcf/d in 2024 to 105.2bcf/d in 2025, and 107.5bcf/d in 2026.

Trump has pledged to replenish the reserve as part of his broader plan to boost domestic oil production, and Wright said "ultimately that's what it was built for - to have the maximum security for ...