Reserve replacement of 146 percent, 229 percent and 296 percent of 2024 production on a proved developed producing ("PDP") reserves, proved ("1P") reserves, and proved plus probable("2P") reserves bas ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the US government’s Energy Information Administration from the sources used to monitor its ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

OPEC’s decision to maintain production and sluggish demand weigh on natural gas and oil, signaling bearish trends ahead.

Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, ...

Venezuela, which once was one of the richest countries in Latin America, is now dealing with hyperinflation, migration and ...

Oil prices edged up in volatile trade on Monday but closed at a one-month low on the expiration of a higher-priced contract, ...

The Nigerian government is in talks with local communities to restart oil production in a region that’s previously suffered ...

EOG Resources benefits from strong assets, reduced breakeven prices, and significant free cash flow, supporting its high ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

The final communique noted that the OPEC+ countries, which adhere to the voluntary cuts, have paid attention to ensuring the stability of the oil market through these measures ...