IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.

Artificial intelligence is speeding up oil and gas drilling and prompting companies to take a second look at places they had ...

KYARUSHESHA, Uganda — For its first 88 completed miles, the world’s most controversial oil pipeline system runs in a ...

Giants like Chevron are increasingly prioritizing efficiency over substantial capital investments or quantitative expansion ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

Global oil demand is expected to grow by over 1 million ... Iran and Venezuela also increased production ahead of anticipated tighter sanctions. Non-OPEC+ production is forecast to rise by 1.5 ...

This story was produced in partnership with the Pulitzer Center. It is part three in a four-part series. Read part one here ...

The Trans-Niger Pipeline, one of Nigeria’s biggest pipelines carrying crude from the Niger Delta to the Bonny terminal, was rocked by a powerful explosion on Monday night, just as OPEC’s top ...

The rise in Nigerian oil production and an increase in Iran ... investment-friendly policies, and global competitiveness.

On the supply side, he said supply would be ample to meet demand in 2025, driven by non-Opec+ production growth. With global oil demand growth expected to remain sluggish and the prospect of a ...

on Thursday projected that global crude oil supply may exceed demand by around 1 million barrels per day (mb/d) in 2025 as rising trade tensions and OPEC+ winding down production cuts are fuelling ...