Trump gives Chevron 30 days to stop pumping oil in Venezuela over Maduro’s stalled reforms, migrant returns
President Trump on Tuesday reversed a Biden-era license that allowed the oil giant to operate in Venezuela despite US sanctions ...
US oil and gas production hit record high in December, says EIA
U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month highs, the U.S. Energy ...
OilPrice.com2h
Offline for a Decade, Libya’s Mabruk Field Restarts Production
Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National ...
Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...
Rigzone2d
Shell Starts Oil Production at GKGJE Phase 4 Offshore Borneo
The consortium expects phase 4 to average 21,000 barrels of oil equivalent a day. The development consists of three oil ...
Zacks Investment Research on MSN2d
Shell Starts Oil Production From Gumusut-Kakap Phase 4 Project
Shell plc SHEL, one of the largest oil and gas supermajors, has announced the commencement of the first oil production from the Phase 4 expansion of its deepwater Gumusut-Kakap-Geronggong-Jagus East ...
BP announces boost in oil, gas production after falling profits
Petroleum giant BP said on Wednesday that it plans to boost its annual oil and gas spending to $10 billion through 2027 as ...
E&E22d
Trump’s oil ambitions face harsh economic and geologic realities
The problem: U.S. oil production growth is starting to dwindle ... head of research at Novi Labs, an Austin, Texas-based research firm that uses artificial intelligence to analyze the economics ...