U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

Energy executives forecast Permian Basin oil production growth will slow by 25% in 2025 despite Trump's plan.

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Shell has restored oil and gas production from the Penguins field in the UK North Sea with a new floating, production, storage and offloading (FPSO) facility, the UK-based supermajor said on ...

Jan 31 (Reuters) - U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high of 13.436 million bpd in October, the U.S. Energy ...

PE Energy Limited, a leading energy services company has unveiled a new technology, Multi-phase Pump and Systems to end gas flaring and boost oil production in Nigeria. The new technology was ...

Growth next year is expected to only be slightly less. “We’re getting more for every dollar we’re spending,” says chief ...

Meanwhile, Novak said that Russian oil and condensate production declined by almost 3% to 10.36 million barrels per day last year, while oil exports rose less than one percentage point to 4.82 ...

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 ...

OMV has been granted a permit by the Norwegian Offshore Directorate to drill an oil and gas exploration ... program of $275-310 million to support production of 35,000 boe/d across Colombia ...

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook. The U.S. Energy Information Administration (EIA ...