U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three months, according to data released Wednesday by the U.S. Energy Information ...

Magda Chambriard, Chief Executive Officer of Brazilian state-controlled oil company Petrobras, says the firm can withstand ...

The UK Supreme Court, by a majority, dismisses HMRC's appeal over a double tax treaty linked to a North Sea oil production ...

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’s oil production totaled 9.01 mbd in November 2024, and 9.004 mbd in December, according to OPEC. Output averaged 9.250 mbd in Q2 2024, 9.058 mbd in Q3, and 9.015 mbd in Q4.

A consortium led by Exxon Mobil is getting ready for a very active year for exploration and production in Guyana amid ...

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 ...

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

NoPalm Ingredients has achieved fermentation of oils and fats from food industry side streams to an industrial scale of ...

Electric rates are far too high for Connecticut residents and I’m very concerned that in 10 to 20 years, we’ll have shortages of energy,” said Sen. Ryan Fazio.

UK-based player is advancing major gas import initiative at Bressay, enhanced oil recovery at Kraken, and new infill drilling ...