US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to lower oil prices, the US Energy Information Administration said.

We are in for a fight for our democracy, and the World Bank has said that the world economy will be in the worse shape it has been since the 1960s. And yet I write about music because we need the joy.

Norway’s Johan Castberg oilfield has reached peak production of 220,000 bpd just three months after startup, positioning it as a major long-term contributor to the country’s oil output and ...

Energy Secretary Chris Wright disputes the EIA’s forecast of a U.S. oil production decline in 2026, asserting that lower costs and resilient drilling will sustain output.

Palm oil stocks rose 6.65% month-on-month in May, the third consecutive monthly increase, to 1.99 million metric tons, the highest since September 2024, the Malaysian Palm Oil Board (MPOB) said.

US oil production will likely decline next year, but the scale of the dropoff will be substantially reduced by an old source of new supplies: the Gulf of Mexico. Producers in the body of water ...

Former Trump Energy Secretary Dan Brouillette discusses how much the Israel-Iran war will disrupt oil prices on 'Varney & Co.' Kristi Noem taken to hospital by ambulance: What we know I build PCs ...

Energy major ONGC on Tuesday said it is making "measured and strategic progress" in capping the crude oil well in Assam's Sivasagar district, which has been leaking gas for the past 13 days. In an ...

Under the terms of the agreement, Monumental Energy will receive a 25% royalty on all oil and gas production from the Copper Moki site, following full recovery of its 75% initial capital contribution.

Oil prices surged to near four-and-a-half-month highs as escalating Middle East tensions and President Trump’s ambiguous statements about potential US military involvement in the Israel-Iran ...