News

U.S. shale firm Occidental Petroleum said on Wednesday the prices it received for oil and gas production during the first ...
The tariff ripple effects should lower fuel prices but put the oil industry in its toughest financial quandary since the ...
Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...
Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...
Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil ...
Off the coast of Nigeria, one of the world’s largest oil production ships, called the Bonga, was taking oil from a field on ...
President Trump’s tariffs have raised fears of a recession just as projections for global oil supply have jumped.
The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.
The Keystone Pipeline in North Dakota was shut down Tuesday after reports of a "bang" and spilled oil, according to officials ...
AAD is a machine learning tool that helps to detect and predict issues with production equipment. It warns teams early about ...
The ongoing tariff war is shaking the markets, and it has its impact on oil prices, too. The value of crude oil is falling ...
Oil market fundamentals support the OPEC+ decision to increase May’s crude oil production by three times more than what the ...