OPEC's crude oil production increased in November, primarily due to higher output from Libya and Iran, despite the OPEC+ ...

Global oil production is forecast to increase by 1.6 million b/d in 2025, and almost 90% of that growth will come from ...

The IEA forecasts a major oil supply glut in 2025, and even if OPEC+ continues to limit production, it won't be enough to ...

Palm oil production is set to decline for the fourth consecutive month in December as heavy rain affected harvesting in ...

Methane emissions from the largest oil- and natural gas-producing basins fell 44% between 2011 and 2013, according to newly ...

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 ...

Oil markets are expected to remain oversupplied next year despite OPEC+ production cuts, the International Energy Agency (IEA ...

The U.S. oil industry broke another production record this year, averaging 13.4 million barrels per day (b/d) of crude oil in ...

According to the US Energy Information Administration, proven reserves are ‘estimated volumes of hydrocarbon resources that ...

Eight members of the OPEC+ alliance of oil exporting countries have decided to put off increasing oil production as they face ...

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.

So we have seen U.S. production climbing. The U.S. is the largest oil producer in the world now by quite a margin. So the U.S ...