U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

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

Sitio finished 2024 relatively strongly with approximately 40,900 BOEPD (47% oil) in Q4 2024 production. This was a record ...

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 number of oil rigs stayed the same—down by 18 compared to this time last year. The number of gas rigs fell by 1 to 101 ...

India, which has traditionally sourced oil from West Asia, began importing a large volume of oil from Russia after the ...

The oil and gas industry is a significant driver of the global economy, influencing industries, transportation, and ...

Reducing sanctions on Russia would hurt the U.S. energy industry and worsen the trade deficit. Does Donald Trump really want ...

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, ...

The rise in Nigerian oil production and an increase in Iran’s output despite U.S. attempts to curb Iranian flows pushed up the total OPEC production in February, according to the Reuters survey.

US crude oil inventories for the week ended Mar. 7 increased by 1.4 million bbl from the previous week, according to US EIA data.

MAJOR oil and gas companies paid US$7.4 billion to the government of Trinidad and Tobago between 2015 and 2022, according to ...