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 ...

Brazil's Petrobras wants to buy stakes in African oil assets, mainly in Angola, Namibia and South Africa, to boost its ...

Chevron's oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the importance of the U.S.

Nestled along the Nevada-Oregon border, the McDermitt Crater is quickly gaining global attention due to its unprecedented ...

Saudi Arabia’s economy is categorised as high-income by the World Bank and is the only Arab country in the G20. It ranks high ...

A worker tests crude oil sample at an offshore production platform of the first phase of Bozhong 26-6 oilfield in China's Bohai Sea, Feb. 8, 2025. The first phase of Bozhong 26-6 oilfield, by far the ...

China National Offshore Oil Corp has commenced production at the Bozhong 26-6 oilfield development project (Phase I), the ...

The Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...

Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.

Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil imports, while the US stockpiles rose for the ...

This makes Canadian oil incredibly valuable, as, given several decades’ worth of inventory, we will remain one of the few non ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...