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 ...

A paleontologist journeys through Indonesia’s Riau Archipelago in search of our earliest ancestors, and uncovers how ...

The early signs are promising, hinting that this upward momentum will carry into February', analysts at J.P. Morgan said.

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

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% this year despite President Donald Trump's vow to maximize production, ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

You can find it just about two hours east of Dallas, TX and two hours west of Shreveport, LA. One block in a tiny East Texas ...

The president on Friday renewed his call on the group of oil ... production from non-allied countries. Trump made similar calls on OPEC+ this week during a virtual address to the World Economic ...

However, in doing so, Trump may be brushing aside US oil producers, the firm said. Though non-OPEC production takes up most of the world's oil ... pumping out crude at historic highs, even ...

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The emergency declaration comes as the U.S. remains near historic heights of energy ... But an increase in oil production in the U.S. might not translate into lower oil prices overall.