Supermajor gets to grips with welcome sub-surface surprise in Texas’ Eagle Ford, and weighs up plan to boost US gas ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.

Despite Trump’s full-throttle push to “unleash” U.S. energy, Permian oil producers are keeping their foot on the brakes. At a ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the ...

Q4 2024 Management View CEO Andrew Phillips highlighted a 6% increase in oil production for 2024 and noted this was the third consecutive year of high single-digit organic growth rates in oil per debt ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Namely, that the Auvere energy complex will reduce its GHG emissions if oil production is increased, while at the same time, the use of oil shale in power plants is reduced. Thus, although the climate ...

Kazakhstan has persistently exceeded its output quota of 1.468 million barrels per day (bpd) under the production-curbing deal struck by the Organisation of the Petroleum Exporting Countries and ...

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.