World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

A power outage has forced the shutdown of the Johan Sverdrup oilfield, Western Europe's largest, impacting oil production in ...

ABUJA, Nigeria (AP) — The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered environmental damage after oil giant Shell’s ...

Jan 31 (Reuters) - U.S. crude oil production fell by 122,000 barrels ... the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Shell has restored oil and gas production from the Penguins field in the UK North Sea with a new floating, production, storage and offloading (FPSO) facility, the UK-based supermajor said on ...

Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining ... next while a project to build the world’s largest clean hydrogen facility ...

The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...

The frenetic activity at Gopinath Bordoloi International Airport is impossible to miss these days. As you step outside, the ...

China's oil heartland transitions to hybrid energy ecosystem (Voice_over) In China’s northeastern heartland, where oil once fueled the nation’s rise, a clean energy revolution is unfolding. (Stand_up) ...

WASHINGTON, Jan 31 (Reuters) - (This Jan. 31 story has been corrected to show that Phillips 66 expects tariffs to divert Canadian oil away from the U.S. markets, not production cuts in the Midwest ...