The project is expected to add 15,000 boe/d gross peak annualized average production from the Atlantis platform, which has a gross production capacity of up to 200,000 b/d of ...

Russia and Venezuela has condemned the United States for it seizure of a Venezuelan oil tanker this week. Follow Newsweek ...

President Donald Trump says the U.S. has seized an oil tanker off the coast of Venezuela amid mounting tensions with the government of Venezuelan President Nicolás Maduro. It’s the Trump ...

Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S.

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Red states tend to have the lowest gasoline prices in the country, as many of them are oil producers or are close enough to major oil-producing and refining resources to enable them to keep average ...

Suriname's state-owned Staatsolie executed production sharing contracts for Blocks 9 and 10 with Malaysia's Petronas and U.S. oil and gas giant Chevron as operators respectively. Image by - via iStock ...

U.S. August oil production increased by 86 kb/d to 13,794 kb/d, another new high. Texas production has rebounded since the weather-related January 2025 drop. August’s production is essentially the ...

Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply. By Stanley Reed Stanley Reed, who ...

The total number of active drilling rigs for oil and gas in the United States decreased this week, with oil rigs declining by 65 year over year, while gas rigs increased. Despite the fall in active ...