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U.S. oil production will peak at 14 million barrels per day in 2027 and maintain that level through the end of the decade, ...
ConocoPhillips recently added to its treasure trove of low-cost oil supplies. Chevron stress-tested its business and showed ...
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 ...
Despite doubling per well output since 2019, the Permian’s rig rate gains are slowing and decline curves are steepening, ...
Pakistan has recorded its first substantial increase in domestic oil reserves since 2020, with a 23% annual rise to 238 ...
In 2022, Saudi Aramco was the largest company in the world by market cap when oil prices were high. It also posted record ...
America became an energy superpower by embracing risk, rewarding innovation, and adapting faster than anyone else. That ...
There is no dearth of crude oil in the world right now. If anything, the world is floating in too much crude. Fears of a ...
The company gets 56% of its production from that world-class oil resource. That position will ... While that number will decline if crude remains around $60, Devon will still produce a lot of ...
The CEO of the NMDPRA, Farouk Ahmed, says the ongoing instability in global oil markets is negatively impacting Nigeria’s ...
it is the world’s most important commodity. The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude ...
THE Chief Executive Officer, CEO, Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, Farouk Ahmed, ...