Opec-plus’ crude average production averaged 40.81 million b/d, a decline of 1.18 million b/d compared with 2023.

The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...

The OPEC Monthly Oil Market Report for December 2024 was published ... For those who understand that climate change may be an existential environmental crisis, the scenario above would be ...

There are a number of challenges and opportunities facing national oil companies as they navigate the changing energy ...

Former President Jimmy Carter led the US through a tumultuous time of conflict in the Middle East, gas shortages, Cold War ...

But it’s also approaching an inflection point of the kind that Opec hit about a decade after its founding. From 1900 up to the oil crisis of 1973, crude production grew at an average 7.2% a year.

OPEC’s crude production dipped last month as the United Arab Emirates stepped up implementation of supply cutbacks aimed at ...

Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the ...

Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell Plc, recently announced a $5 billion Final Investment Decision (FID) on Bonga North, a deep-water project off ...

Output from the Organization of Petroleum Exporting Countries, OPEC fell by 120,000 barrels a day to 27.05 million a day, ...

extends cuts into 2026 OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a Reuters survey found, though members making ...