Murphy Oil Corporation MUR announced an oil discovery at the Lac Da Trang North-1X well offshore Vietnam and the start of ...

The World’s June oil production rose by 4,386 kb/d to 78,371 kb/d due to the partial reopening of the Hormuz Straits and ...

Some of the world's largest oil and gas companies have adopted a new modus operandi ever since the historic oil price crash of 2020 devastated energy companies ...

Methane emissions from the oil and gas sector held steady in the United States even as oil and gas production increased ...

BP said it anticipates higher oil production and trading revenue in the second quarter, helping to offset falling fuel prices ...

Hurricane Isaias is hundreds of miles from Tampa Bay, but disruptions to Gulf oil production and cruise routes could still have local impacts.

South America's largest economy, Brazil, is on track to be a top 5 global oil producer. During 2023, Brazil received an offer to join the OPEC+ price cartel, but it took until early 2025 for the ...

Guyana may prioritize domestic gas supplies or halve its planned LNG export capacity from 6 million to 3 million tons ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Each year, the Statistical Review of World Energy offers ...

Amin Nasser said about 3 billion barrels of oil have been lost as a result of the war in Iran.

Hurricane Isaias has knocked 1.28 million barrels per day of U.S. Gulf oil production offline, up from just 185,120 bpd two days ago as operators clear personnel from the storm's path.

The world's February oil production increased by 2,108 kb/d to 86,662 kb/d, a new high, and is over 2,000 kb/d higher than November 2018. Production in March 2026 is projected to fall by 9,948 kb/d to ...