OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria. Iranian oil production has been impacted by US sanctions. The JMMC reaffirmed the current OPEC+ ...

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Shell has restored oil and gas production from the Penguins field in the UK North Sea with a new floating, production, storage and offloading (FPSO) facility, the UK-based supermajor said on ...

Chevron Corp. affiliate Tengizchevroil started oil production at its Future Growth Project at Tengiz oil field in western Kazakhstan. Melbana Energy will workover the existing Alameda-2 completion ...

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook. The U.S. Energy Information Administration (EIA ...

PE Energy and Bornemann have introduced the Multi-Phase Pump technology to the Nigerian market, aiming to eliminate gas ...

Mosman Oil announced on Monday that it has completed the acquisition of an 82.5% working interest in the Sagebrush Project in ...

Get Instant Summarized Text (Gist) A newly developed sorghum variant surpasses soybeans in oil production, offering a promising renewable fuel source. Engineered to accumulate significant ...

Nigeria’s daily average oil production rose by 152,000 barrels per day last November 2024. This is according to data sourced from the newly released monthly oil market report by the Organisation ...