The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil ...

Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...

Crude oil prices dropped as traders reacted to Trump’s Davos speech urging OPEC to lower prices and expectations of increased ...

Growth in shale production is going to be challenged moving forward. One of the biggest misconceptions in the oil market is the perceived growth in non-OPEC+ oil supplies moving forward ...

NEW YORK, Jan 14 (Reuters) - Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in ...

Permian Resources surpasses oil production expectations for 2024 due to acquisitions and improved capital efficiency, ...

Published Jan. 14, 2025Updated Jan. 21, 2025 For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Standard Chartered: the slowdown in U.S. oil production growth is set to continue in 2025 and 2026.

South Sudan announced early this week its plan to produce at least 90,000 barrels of crude oil per day as the country resumes normal production. This comes after oil supply to international ...