Crude oil is struggling in 2025, with prices sliding to multi-month lows. Tariff concerns, weakening consumer confidence, and ...

The Permian Basin is set to boost U.S. oil and gas output in 2025, with oil production rising to 13.64 million barrels per ...

The Permian Basin has long been at the heart of America’s energy industry, fueling economic growth with its vast reserves of oil and gas. But as drilling ...

U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp chief executive officer Vicki Hollub said on ...

According to the data published by the NUPRC, Nigeria’s crude oil production stood at 1.737 million barrels per day in January 2025. This represents an increase from the 1.667 million barrels ...

The Texas oil and natural gas industry broke multiple records in 2024, from production, to job creation, to taxes and royalties it paid, according to a ...

Since the start of this year, the S&P/TSX Capped Energy Index has fallen eight per cent. The S&P/TSX composite index dropped ...

including record liquids production of over 1 million barrels per day. Oil Sands Mining and Upgrading Production: Record annual production of 472,245 barrels per day and record quarterly ...

Pump prices continue to tick down, thanks in part to lower crude oil prices which have posted seven consecutive weeks of ...

global production can barely meet the high demand for crude oil from countries such as the USA, China or India. In December 2005 the global demand for crude oil was 83.3 million barrels per day ...

Meanwhile, Permian-quality crude at the Magellan East Houston (MEH) terminal, the main price assessment point along the Gulf ...

Exxon and its partners in Guyana’s oil projects, U.S. Hess Corp and CNOOC of China, expect to produce up to 1.5 billion cubic feet per day (bcfd) of natural gas and 290,000 barrels per day of ...