The alliance last month put off increasing oil production as it faces weaker than expected demand and competing production from non-allied countries. Trump made similar calls on OPEC+ this week ...

Oil producers have been “drill, baby, drilling” for quite some time. In 2024, US oil production averaged 13.2mn barrels a day, making it the largest oil producer in the world. That’s two-and ...

But an increase in oil production in the U.S. might not translate ... Gulf of Mexico and Pacific Northwest coastlines, saying that the environmental and economic risks and harms from offshore ...

Since Los Angeles’ unprecedented January firestorms, the Eaton and Palisades fires have consumed nearly 40,000 acres of homes, businesses and landmarks in Altadena and Pacific Palisades and have ...

The oil and gas industry spent more in 2024 than in any previous election. Now they want Trump to follow through on his pledge to "drill, baby, drill." ...

BP at one point pledged to cut oil and gas production by 40% by 2030. But it was forced to review the decision after rising costs and lower-than-expected returns. It has since said it would return ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally to 1.485 million barrels per day (bpd) in December 2024. In its ...

The chief executive stated that the increase in rig count reflects ongoing efforts to boost upstream activities and enhance the country’s crude oil production capacity. A statement by the NUPRC ...

as we expect that global oil production will grow more than global oil demand," the agency said in its short-term energy outlook, published Tuesday. The agency sees global oil production growing ...

The African Energy Chamber (AEC) anticipates a significant surge in African oil production in 2025, with Nigeria and Angola leading the charge. In its “State of African Energy 2025 Outlook,” the AEC ...

Published Jan. 14, 2025Updated Jan. 21, 2025 For years, as oil and gas companies increased production, they hired lots of workers, enriching communities across the United States. That is no longer ...