World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

A new US Department of Energy survey reveals that four Caspian Basin states collectively account for 3% of global energy ...

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

Unsurprisingly, as a result of (or rather the cause of) these various dynamics, the EIA’s implied demand data is robust ...

The oil fields, with fully operational production infrastructure, comprise 38,301 acres onshore Brazil, Potiguar basin, adjacent to Petro-Victory's existing assets. Current production is 250 b/d “with ...

Oil prices fell on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on ...

Oil-producing states in Nigeria have received a total of N2.85tn in 13 per cent derivation revenue between 2022 and 2024, according to findings by The PUNCH.The findings are based on analysis of data ...

Donald Trump and AI executives alike have sounded the alarm about a looming AI-driven energy shortage. Both benefit from the ...

OIL prices climbed about 2 per cent on Tuesday to a two-week high, as sanctions raised concerns about Russian and Iranian oil supplies, outweighing worries escalating trade tariffs would boost ...