The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
Oil prices slipped 2% on Monday after Iraq restored production at one of its oilfields which accounts for 0.5% of world oil ...
Suncor Energy plans to raise its annual upstream oil production in 2026 to between 840,000 and 870,000 barrels per day ...
Canadian oil majors Cenovus Energy and Suncor Energy are forecasting significant production increases in 2026, driven by new ...
Oil production in the Permian basin is poised to peak in December, a watershed moment for the U.S. shale boom that upended ...
The South American country increasingly at odds with the Trump administration has the world’s largest oil reserves.
By end-2025, global proven oil reserves are projected to reach 1,773 billion bbl, up from 2024, based on the preliminary ...
The projected surplus has narrowed due to lower OPEC+ production, but a large supply overhang continues to cloud the outlook, ...
While Gov. Newsom touted the state’s environmental efforts at the UN climate summit, toxic spills and a new law speeding ...
The International Energy Agency trimmed estimates for a global oil supply surplus this year and next for the first time in ...
The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...
Venezuelan leader Nicolás Maduro says escalating pressure from the US comes down to one thing: Washington wants to grab the ...
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