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, ...

President Biden has permanently placed off limits significant portions of the country's outer continental shelf from future ...

Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy ...

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely ...

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’s oil output has seen a significant increase, rising by 6.3% to reach 1.507 million barrels per day, according to the ...

Iraq and British oil major BP will sign a mammoth deal covering four Kirkuk oil and gas fields by the first week of February, ...

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 ...

"Following some initial upward price pressure in early 2025, we expect that crude-oil prices will generally decline from mid-2025 through the end of 2026 as growth in global oil production outpaces ...

Oil prices hit a near three-month high on Wednesday as concerns about supply disruptions and optimism over rising demand ...