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If there’s a lesson to be learned from the past two decades, it’s that no one should write off the growth prospects of the US ...
Kazakhstan, which has created tensions within OPEC+ by consistently breaching its production limit, has no plans to cut oil ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...
Oil is one of the main drivers of economic growth in Africa. It fosters international relationships, attracts foreign investors, and is also a major source of revenue. Political instability, oil theft ...
The federal government has reiterated its commitment to promoting the development and sustainability of local content in ...
WASHINGTON — The Interior Department is helping to increase oil production in the newly renamed Gulf of America by 100,000 barrels per day under a new policy following President Trump’s ...
A further slide to $50 per barrel could put up to 1.2 million barrels per day of production at risk by 2026, particularly in the US Lower 48 tight oil sector. Fraser McKay, head of upstream ...
Additionally, starting April 1, eight OPEC+ countries agreed to gradually phase out voluntary oil production cuts. These gradual increases may be paused or reversed, subject to evolving market ...
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 ...