The focus of this post is an overview of world oil production, along with a more detailed review of the top 11 Non-OPEC oil ...

A total of 32 US states pump oil, but just over 42 percent of the country’s crude oil production comes out of Texas, ...

The tariff ripple effects should lower fuel prices but put the oil industry in its toughest financial quandary since the ...

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 recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target within the next five ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower prices.

President Donald Trump’s on again, off again approach to tariffs is creating uncertainty that will make oil firms hesitate on ...

US shale has managed to push US crude oil production to ~13 million b/d? Do people realize that outside of the Permian, US shale oil production from Bakken and Eagle Ford has failed to pass their ...

Indeed, industry data shows it takes, on average, seven years for an oilfield to reach production, with at least a quarter of projects taking even longer to achieve first oil. Deepwater offshore ...

Libya is set to offer 22 areas for oil exploration and development in its first such bidding round in more than 17 years, oil ...