Production in both the US Permian shale basin and Guyana reached a record high, with Guyana volumes recovering after ...

There are currently 89 companies qualified to bid in the permanent offer round, including state oil controlled Petrobras and ...

China National Offshore Oil Corporation (CNOOC) has started phase one production at the Bozhong 26-6 oilfield development project in central Bohai Bay. CNOOC holds a 100% interest and operates the ...

CEO Anders Opedal announced plans to deliver more than 10% growth in oil and gas production from 2024 to 2027, supported by portfolio optimization and high-value transactions. He stated that Equinor ...

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais has said that many global ...

Talks on restarting oil production and environmental clean-up ... to tell us to go back and continue the consultations with a timeline so that the resumption of oil production in Ogoniland will ...

Later when asked again about inflation, and whether tariffs will do as economists suspect and raise prices for consumers, ...

Days after President Joe Biden gave his farewell address to the nation on Jan. 15, the Bureau of Land Management approved oil ...

Dangote refinery was forced to import oil last year after failing to acquire sufficient volumes of petroleum in the local ...

Oil futures finished higher Thursday ... and could also move to add a few barrels per month by shrinking the timeline for the gradual unwind of production cuts, he said. Commodities Corner ...

The group is set to start unwinding its oil production cuts ... Uncertainties This change in compliance and compensation timelines could alter market balances at a time when many other factors ...

The timeline for a full recovery to previous ... supplies below the quota in order to compensate for earlier over-production. Oil prices showed little reaction to the disruption, with Brent ...