Oil prices settled lower on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...

Norwegian energy giant Equinor is halving investment in renewable energy over the next two years while increasing oil and gas ...

Nigeria once dominated global palm oil production, with countries like Malaysia sourcing palm seeds from Nigeria in the 18th ...

ConocoPhillips reported better-than-expected fourth-quarter earnings and announced plans to return more than $1 billion to ...

Activist group Justice for Myanmar alleged in a recent report that Interra had "helped supply the junta" with over two million barrels of oil and "fuelled its ongoing war crimes".

Located in the heart of Canada, the province of Saskatchewan has the resources needed to help ensure food and energy security ...

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.

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

Suncor says its upstream production for the quarter totalled approximately 875,000 barrels of oil equivalent per day.

Among the many big moves taken by the Trump Administration, boosting fossil fuel development has been a priority. In a series of actions, President Trump is following through on his promise not just ...