ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), the country’s leading exploration and production company, has ...

There a fundamental contradiction in the Trump administration’s energy policy. It wants a boom in US oil production but it also wants lower prices. There’s conflict between those ambitions.

Vladimir Putin has admitted a key problem with Russia's economy as the country misses an oil target. The President ...

MOSCOW, May 14. /TASS/. Oil production by the eight OPEC+ countries, which voluntarily reduce oil production, totaled 30.807 million barrels per day (bpd) in April, which is 475,000 bpd above the ...

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Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

Vladimir Putin has approved a range of measures aimed at stabilising Russia's flailing coal industry as the impact of ...

At the same time, OPEC has revised downward its forecast for oil supply growth from non-OPEC+ countries in 2025 and 2026 by 0.1 mln bpd, lowering it to 0.8 mln bpd. In absolute terms, supply from ...

Kazakhstan's oil production fell 3% from March to 1.82 million barrels per day (bpd) in April, but was again above the ...

Kazakhstan is set to raise its seaborne crude exports to a near record next month as tensions persist between Astana and its ...