Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices ...

Of the yet-to-be-discovered oil on U.S. federal lands, about half is believed to be in Alaska, according to the new estimate.

U.S. April oil production increased by 18 kb/d to 13,468 kb/d, a new high. The largest increase came from Texas, offset by a ...

The Honourable Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has delivered a stirring call to ...

Guyana has pledged to crack down on gold smuggled across the border from neighboring Venezuela at the urging of the U.S. government. President Irfaan Ali said late Friday that the government of ...

The natural gas market is on the verge of a rapid increase in demand as heatwaves continue to sweep through key areas of the ...

Patrick De Haan of GasBuddy told Newsweek: "... I think what the market is essentially saying here is that the conflict is ...

Nearly the entire southern border of Iran is populated by oil and gas fields, many of which are jointly operated with allies ...

Nearly the entire southern border of Iran is populated by oil and gas fields, many of which are jointly operated with allies ...

In its latest monthly report, the US Energy Information Administration (EIA) has revised its forecast for US Oil production downwards, Commerzbank's commodity analyst Carsten Fritsch notes.

The Energy Information Administration (EIA) revised its US crude Oil production estimates downward for 2026. In its latest Short-Term Energy Outlook, released yesterday, the EIA said output would ...

The forecast shows oil production in the US Gulf to average 1.80 million b/d in 2025 and 1.81 million b/d in 2026. Natural gas production is expected to average 1.72 bcfd this year and 1.64 bcfd ...