World oil production decreased by 1,014 kb/d in September to 80,795 kb/d. The largest decreases came from Libya, 350 kb/d, ...
Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...
The International Energy Agency slightly lowered this year’s global oil-demand outlook, but said it still expects growth to ...
Nigeria’s oil output has seen a significant increase, rising by 6.3% to reach 1.507 million barrels per day, according to the ...
The industry is pumping ever more oil and natural gas, but it is doing so with only about three-quarters as many workers as ...
Upstream President Liam Mallon recently dismissed the notion that U.S. producers will dramatically increase output under a ...
Nigeria, Africa’s largest crude producer, alongside Angola, is expected to drive the continent’s oil production output to ...
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
In the U.S., energy policies can change dramatically with each new president, creating a lot of uncertainty for industries ...
so executives at U.S. oil companies and the oil-producing countries in OPEC and its allies are not going to open the spigot unless they see strong demand for it, said Bob Ryan, head of analysis ...
The U.S. Departments of Treasury and State Friday applied new sanctions on Russia's oil production and exports. Sanctioned ...
Oil and gas giant, Seplat, has said it aims to double its crude oil production capacity within six months after moving in to ...