Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

A new US Department of Energy survey reveals that four Caspian Basin states collectively account for 3% of global energy ...

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 ...

Indigenous oil and gas service providers, under the umbrella of Petroleum Technology Association of Nigeria (PETAN), have demanded that contracts worth $1.5 billion be awarded to local firms from ...

Days before he ordered, and then paused, new tariffs on U.S. imports from Canada and Mexico, President Donald Trump argued that the U.S. does not need imported products such as crude oil and lumber ...

Straws might seem insignificant, inspiring jokes about the plastic vs. paper debate, but the plastic straw has come to ...

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

Located in the heart of Canada, the province of Saskatchewan has the resources needed to help ensure food and energy security ...

The Midwest has become increasingly reliant on cheap Canadian oil over the last two decades, and switching to another source ...

Oil has long been the engine that powers the world. Countries rely on it to fuel cars, planes, factories, and economies. Its ...