A new US Department of Energy survey provides updated data on oil & natural gas production in the CaspianBasin. It shows that ...

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

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

Within hours of taking office, President Trump declared a national energy emergency as part of his plan to push for more oil and gas drilling and to heavily boost fossil fuels. But that's not all.

Tankers that once transported oil from Russia's western ports are now being redirected to the eastern part of the country to support the key oil supply route to China, which has been impacted by ...

Tankers that used to haul oil from Russia’s western ports are being redeployed to the nation’s east to service a key crude route to China that’s been crippled by sweeping US sanctions.

Concrete steps are being taken by President Bola Ahmed Tinubu, Governor Siminalayi Fubara and critical stakeholders in Rivers State to restart oil production in Ogoniland. The President and the ...

In regard to the crude oil price, Anderson said the November West Texas Intermediate price was about $70 a barrel and the North Dakota Market was at $63.63, which is 9.1% below revenue forecast.

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 ...

Structural changes in the US shale industry, including a focus on efficiency gains and consolidation, are making it difficult to rapidly increase production even with deregulation efforts.

But an increase in oil production in the U.S. might not translate ... Gulf of Mexico and Pacific Northwest coastlines, saying that the environmental and economic risks and harms from offshore ...

Both benchmarks settled lower after Trump outlined plans to boost oil-and-gas production, but the focus has now turned to trade policy and its potential impact on crude balances. Prices are also ...