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 ...

China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...

The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...

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 ...

Brazilian state-run oil giant Petrobras said on Wednesday it has signed a memorandum of understanding seeking to cooperate ...

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

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

Two deep, one unconventional and one old’ strategy aims to revitalise China’s upstream prospects through targeted exploration ...

Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

Donald Trump and AI executives alike have sounded the alarm about a looming AI-driven energy shortage. Both benefit from the ...

U.S. oil production is expected to reach new heights in 2025, surpassing earlier projections, according to the U.S. Energy ...