Oil output at Iraq’s giant Rumaila field remains reduced by 300,000 barrels ... just 19,000 per day above its OPEC quota, according to a monthly report from the organization last week.

Britain’s two biggest offshore oil and gas developments have been blocked from producing any fossil fuels after a judge quashed their production permits in a row over greenhouse gas emissions ...

In 2023, former President Joe Biden announced a final rule for oil and gas companies to pay a federal tax fee if they emit ...

Learn more about whether Diamondback Energy, Inc. or Kinder Morgan, Inc. is a better investment based on AAII's A+ Investor ...

At least three new oil processing facilities ... The Lower Zakum field is said to be producing well above 400,000 bpd, but the exact output level could not be independently confirmed by Upstream.

Wind and electric vehicles have come under the crosshairs for the Trump administration, while solar has been relatively ...

Among the targets of the sanctions were Russian-based oil field service firms ... with Brent trading above $80." PVM analyst Tamas Varga: "There are genuine fears in the market about supply ...

LONDON, Jan 7 (Reuters) - OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab Emirates due to field maintenance and from Iran ...

Senate confirmation hearings last week at the U.S. Capitol in Washington underscored what the founder and CEO of Denver oil field services ... of an “all of the above” portfolio of energy ...

Despite interruptions to the pipeline during the year, Kazakh oil shipments to Germany were estimated at about 27,100 barrels of oil in 2024, more than 12% above what was initially planned ...

Other high-cost oil comes from Canada’s tar sands and the United Kingdom’s North Sea oil fields; these become ... obtain oil from the wells mentioned above. According to Reuters, estimates ...

As demonstrated in the illustration above, if the demand for a good increases ... risky investments such as exploring for new crude oil fields and building new refineries. In addition, these ...