The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

U.S. September oil production increased by 44 kb/d to 13,844 kb/d, another new record high. The largest increases came from ...

Improved production methods using “subsea tiebacks,” pioneered in the deepwater Gulf by Covington-based LLOG Exploration, are ...

A horizontal well drilled earlier this year set a record for oil production from a single unit over a three-month period in ...

Crude oil futures rose after OPEC confirmed at its meeting that it will pause production increases in next year's Q1, with ...

Chevron Corp. and Exxon Mobil Corp. plan to boost their oil and gas production over the next five years, even as falling oil prices may leave investors scratching their heads at the companies’ moves.

The United States appears ready for war with Venezuela, a prospect that Venezuelan President Nicolás Maduro this weekend attributed to America’s desire to control the country’s vast oil reserves.

Chevron Corp. is flying employees from Caracas to its oil production sites in Venezuela despite a US warning to operators ...

First oil export is tentatively scheduled for December 2026, provided the plan receives timely parliamentary approval, according to both the company and the State Department for Petroleum.

Nigeria's oil sector expanded 5.84% in the third quarter of 2025, driven by higher crude production that pushed output to an ...

The rebasing of the GDP, the total of all goods and services produced within the country at the current prices, sources told ...

Argentina’s Vaca Muerta shale play is breaking production records and transforming the nation’s energy landscape as ...