GCC countries ranked first in global energy indicators and first in crude oil production, crude oil reserves, crude oil exports and natural gas reserves. Additionally, the GCC countries ranked second ...

Gas to power operations enable increased oil production at Pathfinder #2 well:20 BOPD and 280 mcf/day of gas over first 7 ...

Russia may be forced to throttle back its oil output in the coming months as U.S. sanctions hamper its access to tankers to ...

A new US Department of Energy survey provides updated data on oil & natural gas production in the Caspian Basin. It shows that four regional states – Azerbaijan, Kazakhstan, Turkmenistan and ...

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable ...

The Special Adviser to President Bola Ahmed Tinubu on Economic Matters, Dr. Tope Fasua, has cautioned Africa not to be carried away ...

CNW/ - Whitecap Resources Inc. ("Whitecap" or the "Company") (TSX: WCP) is pleased to provide the results of our 2024 year end reserves evaluation as prepared by McDaniel & Associates Consultants Ltd.

That's because America's top oil producers may not be willing to scale production as much as the president would like — something that could challenge Trump's plan to spark an oil-drilling boom.

Exxon Mobil Corp. beat earnings estimates as strong production growth cushioned the drop in oil prices and refining margins, easing investor concerns about an increase in capital spending.

Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

In December, Ukrainian drones targeted oil depots and refineries in Smolensk, Oryol, Bryansk and Rostov — an area that had previously been targeted in July. The General Staff of Ukraine’s Armed Forces ...

Map showing the Rosebank ... The plan was for oil to be taken off by tanker and sold on the international market, with some gas being piped to Shetland. Production was scheduled to begin at ...