Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...
Wyoming’s oil production has been rebounding since March 2023. However, the rebound was impacted by the January 2024 storm.
If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
U.S. crude oil production fell by 122,000 barrels per day in November to 13.314 million bpd, down from a monthly record high ...
The cost of producing crude oil in Nigeria has risen to about $40 per barrel, according to a report by the Nigerian Upstream Petroleum Regulatory Commission.
Chinese offshore operator CNOOC Ltd has achieved first oil at the Bozhong 26-6 field development project (Phase I) in the ...
The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...
There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...
A bill seeks to encourage drilling for oil outside of North Dakota’s highly productive Bakken Formation and take advantage of ...
Colombian president Gustavo Petro has ordered the state-run oil company Ecopetrol to cancel a joint venture with U.S.
The House of Representatives has urged the federal government to declare oil-producing coastal communities in Ondo State as ...