The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

FG is negotiating with locals to restore oil production in an area that has experienced environmental devastation after oil ...

According to him, if crude oil was sold for about $80 on ... He added that the cost of production offshore is higher than onshore. “Insecurity is a big challenge. There’s a whole industry ...

The Egyptian General Petroleum Corporation (EGPC) is aiming to increase crude oil production from its onshore and offshore fields by 18% by the end of June 2025, an unnamed government official told Al ...

“We estimate U.S. crude oil production set a record ... “Compared with onshore tight oil production, Gulf of Mexico production is characterized by projects with longer lead times, and it ...

EIA forecasts that crude oil production in the Gulf of Mexico will increase to 1.8 million b/d in 2025 and remain near that volume in 2026. Compared with onshore tight oil production, Gulf of ...

In the top three, Exxon’s onshore production was 1.96 million barrels of oil equivalent per day (boepd) last year, 53% of which oil and the Permian as the primary production region. The new ...

which is now expected to ramp up output to one million barrels of oil equivalent a day. The Future Growth Project (FGP) is designed to raise the onshore field’s crude production by 260,000 ...

In a statement, Executive Director in charge of subsidiaries, Omotayo Adebajo, explained that the ARG is the LOT1 concessionaire and operator of several of NNPC’s downstream crude oil and ...

Libya's Minister of Oil ... of crude per day currently to over 4 mb/d by 2035 by cooperating with international oil majors. According to Sabah, the emirate has lifting costs onshore of just ...