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 ...

Last month, Nigerian production exceeded its quota in the OPEC+ agreement by the most among all participants. The rise in Nigerian oil production and an increase in Iran’s output despite U.S ...

Horizontal wells in Columbiana County produced nearly 1.5 million barrels of oil in 2024, a 54% increase from the previous ...

Shell has started first oil ... injection well. Located in water depths of 1,200 meters (3,937 ft), Gumusut-Kakap was the first deepwater project for Shell in Malaysia and began production in ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move forward ...

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 ...

In petrol subsidy management, we have to sleep with one eye open and ensure it is not coming back. Crude oil production ... months. The country’s major oil terminals performed well in January ...

Heirs Energies, Africa’s fast-growing indigenous integrated energy company, has joined other stakeholders to discuss ways of ramping up oil production ... resources. As we build Africa’s ...

The Saudi-led cartel said its members would start gradually pumping more oil ... raise production by 2.2 million barrels a day, or around 2 percent of global demand, over many months.

A recovery in palm oil production and lower imports by rate-sensitive consumers are expected to drive prices lower in the coming months, even as top producer Indonesia boosts biodiesel consumption ...

Nigeria has, for the first time, met the Organisation of Petroleum Exporting Countries’ (OPEC) crude oil production quota ... in Nigeria’s oil output. We’ve got the edge.