Imperial Oil targets record production growth with robust cost reductions for 2025
Q4 2024 Management View CEO Brad Corson highlighted strong operational performance across upstream and downstream assets, ...
US oil production falls in November from record high in October
U.S. crude oil production fell by 122,000 barrels per day (bpd) in November to 13.314 million bpd, down from a monthly record ...
Exxon posts mixed Q4 results with higher oil production, weak refining profit
Exxon Mobil on Friday beat Wall Street's estimate for fourth-quarter profit as higher oil and gas production offset lower oil ...
Exxon Mobil’s strong fourth quarter fueled by rising production in the Permian, Guyana
Exxon Mobil’s fourth-quarter adjusted profit managed to beat Wall Street’s expectations, as the oil and gas company increased ...
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Trump wants more drilling, but the oil market is already saturated
Oil companies cheered Trump’s recent calls for a more streamlined process and a series of energy-related executive orders he ...
Shell and Equinor Production Blocked at 2 Sites Off British Coast
A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the ...
Russia's oil output down 2.8%, gas production up 7.6% in 2024, Deputy PM says
Russia's oil and gas condensate production reached 516 million metric tons (10.32 million barrels per day) in 2024, Deputy ...
Trump may have given the Saudis and OPEC the excuse they needed to boost oil production
U.S. President Donald Trump on Thursday proved that words can be just as powerful as actions — at least temporarily — after ...
South Sudan: Can oil production save the economy?
After a lengthy shutdown, South Sudan's oil is flowing again. But experts question whether the resumption of production will end the nation's economic struggles.