In this video, we take you behind the scenes of palm oil production, showing you exactly how palm oil is made—from the initial extraction at palm oil mills to the comprehensive refining process in ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

The Gulf of America saw another new oil field take shape off the coast of Louisiana, as the Ballymore field went into ...

play videoEdward Bawa is the Group CEO of GOIL PLC Group CEO of GOIL PLC, Edward Bawa has raised concerns over Ghana's declining oil production, attributing the issue to deep-rooted structural ...

Ohio boasts the first oil well drilled for saleable production. In 1814, Sialis Thora and Robert McKee drilled the Thorla-McKee Well in Noble County. Later, in the 1880s, Ohio experienced its ...

The FPSO is engineered for a minimum production capacity of 250,000 barrels of oil per day and a storage capability of around two million barrels. Once operational later this year, it will push ...

Global oil demand will grow at its slowest rate for five years in 2025 and U.S. production rises will also taper off, due to ...

The comprehensive review added 4.39 billion barrels of oil equivalent in original reserves, BOEM found. “After subtracting production of 3.09 billion barrels of oil equivalent since 2020–2021 ...

(Reuters) -U.S. shale firm Occidental Petroleum said on Wednesday the prices it received for oil and gas production during the first quarter were higher than in the preceding three months. Benchmark ...

Analysis-US Refiners Unlikely to Spend Big to Process More Domestic Oil By Arathy Somasekhar U.S. refiners are not planning to make big-ticket investments to process more domestic crude and less ...

Crude prices climbed back above $60 a barrel as investors breathed a sigh of relief. By Rebecca F. Elliott U.S. oil prices bounced back to around $62 a barrel on Wednesday afternoon, more than ...

targets Iranian shadow fleet BP announces boost in oil, gas production after falling profits 8 OPEC nations boost crude oil production by 411,000 barrels a day A shutdown was initiated after a ...