Global oil production is forecast to increase by 1.6 million b/d in 2025, and almost 90% of that growth will come from ...
OPEC's crude oil production increased in November, primarily due to higher output from Libya and Iran, despite the OPEC+ ...
The IEA forecasts a major oil supply glut in 2025, and even if OPEC+ continues to limit production, it won't be enough to ...
Methane emissions from the largest oil- and natural gas-producing basins fell 44% between 2011 and 2013, according to newly ...
Oriental Energy has unveiled a $315m FPSO vessel, expected to enhance Nigeria’s oil output and support Tinubu’s reforms.
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OPEC+ Delays Oil Output Hike Once Again
The Organization of the Petroleum Exporting Countries and its allies will further push back an oil production increase ...
The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said.
While Argentina is leveraging government incentives to boost oil and gas output and exports, Colombia's restrictive policies, including a fracking ban, threaten its energy security.
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
Palm oil production is set to decline for the fourth consecutive month in December as heavy rain affected harvesting in ...
Nigeria’s crude oil production in November has reached 1.485 million bpd, nearly meeting OPEC’s target of 1.5 million bpd.
The Federal Government has declared that Nigeria’s oil production, including condensates, increased by 9.9 percent to 1.69 million barrels per day in November 2024, up from 1.538mbpd recorded in ...