The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day ...

SINGAPORE, Jan 27 (Reuters) - Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more ... early stage talks to merge production businesses, sources ...

The US Energy Information Administration has just published new forecasts for oil production, consumption and prices to the end of 2026 as shown in Figures 1 and 2 below. Clearly, despite the ...

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 ...

MOSCOW (Reuters) - Oil production in Kazakhstan reached a daily record high of 278,499 metric tons on Sunday just after it ...

U.S. refineries, with a capacity of 18.4 million barrels per day, play a significant role in international trade—importing ...

Oil and gas executives welcomed President Trump’s early moves on energy policy, but many said they did not plan to increase production unless ... week lay out a road map for making it easier ...

SINGAPORE - Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from China and India as U ...

Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from China and India as US ...

The Biden administration pushed back at OPEC+ after the oil producer group decided earlier this week to cut production by two ... officially reached their highest level in history, with GasBuddy ...

selling its production at an average of $55.77 per BOE (and $78.88 per barrel of crude oil). That gave it the money to fund capital expenditures and investments ($8.8 billion), repurchase shares ...

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 ...