Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...

The Khor Mor gas field, Iraq’s largest non-associated gas field, has reached a significant milestone, producing a cumulative ...

The Permian Basin, both a hallmark of Texas's energy production and the top-producing oil field in the U.S., has reached a remarkable milestone in 2023 with a methane intensity of only 0.49 metric ...

With 174 million barrels of oil equivalent in gross prospective resources, the Dabinett prospect was identified as “a key ...

UK crude oil production is projected to average 0.53 million barrels per day in 2025 in the NSTA's updated output forecasts.

The Huizhou 19-6 field has now been shown to have over 100 million metric tons of oil equivalent of proven in-place volumes.

At the time, Exxon said the deal would result in combined resources of an impressive 16 billion barrels of oil equivalent in the Permian—and that it had every intention to exploit these resources.

OPEC+’s announcement comes just one day after President Donald Trump announced sweeping tariffs on dozens of countries.

Russia has ordered the shutdown of two of the three moorings at the Black Sea oil export terminal handling Kazakhstan's crude ...

Oil prices slid Friday to their lowest levels in nearly four years. A plan to increase supply by the Organization of the ...

Brookside Energy has delivered a hefty boost to its oil and gas reserves, giving the junior producer strong growth in its near-term revenue-generating assets and long-term reserve base.

Eight key OPEC producers on Thuesday agreed to raise combined crude oil output by 411,000 barrels per day, pushing down oil ...