Chevron Corporation CVX is speeding up expansion at the Tengiz oilfield in Kazakhstan to raise its output to around 1% of global crude supply. With this ramp-up process, Chevron is likely to complete ...

South Korea’s leading automaker Hyundai Motor Company plans to suspend production of its Ioniq 5 BEV for one week in late ...

Some oil refineries will probably struggle to replace imported crude oil if President Trump imposes 25 percent tariffs on ...

The EIA confirmed a build in both crude and gasoline stocks for this week, but a large draw in distillate stocks ...

Within hours of taking office, President Trump declared a national energy emergency as part of his plan to push for more oil and gas drilling ... down the line. Obviously, every moment now ...

Nissan Motor intends to reduce excess production capacity of AD compact van. Credit: Sergio Photone/Shutterstock. Nissan Motor is planning to halt the production of its AD compact van in November ...

Concrete steps are being taken by President Bola Ahmed Tinubu, Governor Siminalayi Fubara and critical stakeholders in Rivers State to restart oil production in Ogoniland. The President and the ...

In regard to the crude oil price, Anderson said the November West Texas Intermediate price was about $70 a barrel and the North Dakota Market was at $63.63, which is 9.1% below revenue forecast.

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook. The U.S. Energy Information Administration (EIA ...

Structural changes in the US shale industry, including a focus on efficiency gains and consolidation, are making it difficult to rapidly increase production even with deregulation efforts.

Both benchmarks settled lower after Trump outlined plans to boost oil-and-gas production, but the focus has now turned to trade policy and its potential impact on crude balances. Prices are also ...

Not only do they dispute the need for an energy emergency — as U.S. oil and gas production has thrived the past several years — but Trump’s Day 1 decision comes after activists failed for ...