BP said it anticipates higher oil production and trading revenue in the second quarter, helping to offset falling fuel prices ...

One would think that the offshore industry would be cratering with oil prices for a barrel having fallen from the $70s into ...

BP says oil and gas production to rise after renewing focus on fossil fuels - The energy giant told investors that upstream ...

The post Daily Infographic: Texas and New Mexico led US crude oil production in 2022 appeared first on FreightWaves.

As OPEC Plus announced new cuts in output, oil production in the United States — which is not part of that group — is booming. A record 13.2 million barrels of oil a day are flowing from ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

Infographic: How much oil does Russia produce? ... Two months ago, OPEC+ members agreed to cut production by 2 million barrels per day from November until the end of 2023.

S&P estimates that US oil production will dip to 13.3 million barrels per day in 2026, a 130,000-barrel decline from its 2025 forecast. It would be just the second time in the past decade that US ...

This chart was compiled using data from more than 15,000 oil fields across 20 nations. The production costs were calculated by including a mix of capital expenditures and operational expenditures ...

Oil production was at an all-time high in August and the United States continues to be a net exporter of oil and petroleum products. Accessibility statement Skip to main content.