U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

Sitio finished 2024 relatively strongly with approximately 40,900 BOEPD (47% oil) in Q4 2024 production. This was a record ...

U.S. crude oil and natural gas output set records in December, and oil demand touched multi-month highs, the U.S. Energy ...

OPEC+ is still weighing its Q2 oil production plans, according to eight OPEC+ sources who spoke to Reuters this week ...

The oil and gas industry is a significant driver of the global economy, influencing industries, transportation, and ...

The NUPRC has confirmed that Nigeria's technical potential for crude oil production stands at 2.24 million barrels per day, ...

OPEC+ production cuts will reduce global oil inventories and keep crude oil prices near current levels through the first quarter of 2025, the EIA said. Global liquid fuels production is set to ...

Oil prices rebounded from a three-year low on Thursday as investors resorted to lower level buying after Brent fell sharply ...

EON Resources Inc. (NYSE American:EONR) (”EON” or the “Company”) is an independent upstream energy company with oil and gas properties in the Permian Basin. Today, the Company’s Chairman and CEO ...

Prices of cooking oil could be buoyed up for years by stagnating production and a biodiesel push in top producer Indonesia ...

Crude oil markets have seen extreme volatility over the past year, fueled by a variety of economic, geopolitical, and supply ...

The United States burst onto the global oil and gas production scene in the 2010s ... projects won’t produce enough energy to keep up as current oil developments decline.