A group of countries in the OPEC+ alliance has agreed to a small boost in oil production, citing a steady global economic ...

OPEC+ agreed Sunday to further increase oil production in October, in an ongoing move to regain market share at the expense of prices. Eight members of the Organization of the Petroleum Exporting ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reported a substantial increase in Nigeria's oil rig count, ...

Saudi Arabia, the de facto leader of the oil cartel, sees advantages in increasing output despite market risks.

The Organization of the Petroleum Exporting Countries wants to regain market share lost to U.S. shale producers, Brazil and Guyana.

Absolute greenhouse gas emissions from the Permian basin—one of the most prolific oil and gas fields in the world, ...

Nearly two-thirds of U.S. energy company executives polled by the Federal Reserve Bank of Dallas believe U.S. crude oil production has peaked, according to a survey released on Wednesday.

Despite the fact that Russia's total oil reserves are estimated at 31 bln tons, only about half of them are profitable at the current level of technology, First Deputy Energy Minister Pavel Sorokin ...

Russia has increased its oil production to near its OPEC+ quota, even as Ukrainian drone attacks impact its energy infrastructure and lead to export bans.

Ukrainian attacks on Russian oil have moved from being mere pinpricks to having an appreciable impact on global markets. In the wake of June’s brief military conflict involving Israel, Iran, and the ...

Trinidad and Tobago faces a critical decision between doubling down on risky deepwater oil exploration or accelerating ...