The world’s largest metamorphic rock oilfield has commenced production. The billion-tonne Phase I project of Bohai 26-6 started production on February 7, according to its developer, China National ...
Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.
Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...
The largest mono-brand network of gas stations UKRNAFTA is expanding the geography of fuel imports.This is indicated in the company's statement, the Ukrainian ...
The Saudi increase in OSPs to Asia for March are a response to improving refinery margins and surging premiums of Middle East crude, Bloomberg said.Aramco raised the price of its Arab Light oil to ...
Canada, which sends nearly all its crude oil to the US, has little leverage as the US buys most of Ottawa’s products.
OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...
The "Olio Barbera Experience" allows visitors to Sicily to learn about the island's rich history in olive oil production.
The president on Friday renewed his call on the group of oil ... production from non-allied countries. Trump made similar calls on OPEC+ this week during a virtual address to the World Economic ...
As for the rest of the world’s oil production, EIA expects global production of liquid fuels to increase by 1.8 million barrels per day in 2025 and then 1.6 million barrels per day in 2026.
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 firm's difficulties have been linked to its previous CEO Bernard Looney's decision to significantly cut oil and gas production and build a portfolio of green-energy businesses. Looney resigned ...