Despite deregulation efforts and calls for increased production, U.S. oil drilling activity has fallen to near post-pandemic ...

Kazakhstan’s daily oil production jumped to a record high of about 2 million barrels of crude on Sunday, following the start-up of an expansion project at the country’s biggest oilfield ...

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless prices rose significantly. By Rebecca F. Elliott ...

Kuwait’s oil production capacity now exceeds 3 million barrels per day (bpd), Kuwait Petroleum Corporation (KPC) CEO Sheikh Nawaf Saud al-Sabah said on Tuesday. The country’s oil production ...

The Petroleum Products Retail Outlets Owners Association of Nigeria has called on Ogoni youths to support the resumption of oil production in Ogoniland. The body made the call on Thursday in a ...

An oil company in Alaska has begun producing oil from a new drill site on the North Slope. ConocoPhillips said last week that it had launched production at its Nuna project. Nuna is expected to ...

US oil production rose 260,000 barrels per day (bpd) month-over-month to a record 13.46 million bpd in October as demand surged to the highest levels since the pandemic, data from the US Energy ...

ABU DHABI, Jan 17 (Reuters) - The International Monetary Fund has lowered its 2025 GDP growth projection for Saudi Arabia to 3.3%, mainly due to extended oil production cuts, it said on Friday in ...

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 oil industry has developed hardly at all in ...

There is no guarantee that will continue. I analyze oil and gas companies and related companies like Chart Industries in my service, Oil & Gas Value Research, where I look for undervalued names in ...

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 oil industry has developed hardly at all in ...

But whether Trump’s remarks will lead to action — especially when it comes to oil production from Saudi Arabia and the Organization of the Petroleum Exporting Countries — remains to be seen.