Once a relatively rare presence in the US oil industry, firms overseeing the assets of ultra-rich families — including the ...

U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high of 13.436 million bpd in October, the U.S. Energy Information ...

In the fourth quarter, net oil-equivalent production declined slightly to 3,350 MBOED from 3,392 MBOED a year ago quarter. In 2024, worldwide net oil-equivalent production rose 7% year over year ...

Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, as lower crude prices offset higher production and stronger refinery-capacity utilization. Benchmark crude prices ...

(Reuters) - Canadian oil producer Imperial Oil posted a fall in fourth-quarter profit on Friday, as lower crude prices offset higher production and stronger refinery-capacity utilization. Benchmark ...

Kazakhstan to start producing shale oil The first production of shale oil in Kazakhstan is expected this year, Kazakh Prime Minister Olzhas Bektenov announced at a government meeting, La Tribune ...

Shell has hiked its dividend to shareholders despite profits falling last year, after the energy giant was hit by weaker oil prices and lower demand for the fossil fuel. The London-listed company ...

Shell has increased its dividend to shareholders, even as profits took a hit last year due to lower oil prices and falling demand for fossil fuels. The London-listed energy giant announced a 4% ...

WTI oil price fell to the lowest level in nearly one month after unexpected rise in US crude stocks further weakened the sentiment. Although fresh dip is facing headwinds, it may signal a ...