Prasanna V. Joshi of ExxonMobil emphasizes the need for increased investment in oil exploration and production to meet future ...

Any regime change of President Nicolas Maduro could be a game-changer for oil production in Venezuela, U.S. access to ...

Nigeria’s crude oil production has reached its highest level in the past three months, according to data from the Organization of Petroleum Exporting Countries (OPEC).

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...

Venezuela is likely to retain its seat in OPEC even if U.S. President Donald Trump successfully forces a change of government ...

Venezuela is likely to retain its seat in OPEC even if U.S. President Donald Trump successfully forces a change of government in the oil-rich country, as the U.S. is seeking to bolster its alliance ...

The “Cartel of the Suns” is one of those names that sounds straight out of a narco thriller. But in Venezuela, the term grew out of real investigations into corruption inside the nation’s armed forces ...

Oil is making a strong comeback as geopolitical agendas shape energy forecasts worldwide. But while the OPEC cartel sees ...

New developments in the hydrogen market. Researchers at the Barakah nuclear power plant in Abu Dhabi have discovered a way to ...

ERBIL (Kurdistan24) – Despite a coordinated agreement among major producers to boost global oil supplies, the Organization of the Petroleum Exporting Countries saw its collective output edge lower in ...

MSC is typically defined by OPEC as the average maximum crude oil production that can be brought online within 90 days and sustained continuously for one full year, including all planned maintenance ...