U.S. drilling rigs rise for second straight week in latest Baker Hughes report
The number of active rigs drilling for oil and gas in the U.S. rose by 4 to 586, Baker Hughes said in its latest weekly report.
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CNOOC Says World's Biggest Buried Metamorphic Hill Oilfield Now Producing
Producing light crude, Bozhong 26-6 is expected to reach 22,300 barrels of oil equivalent a day in peak production this year.
US Permian oil output growth to slow in 2025 despite Trump's plan, executives say
Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...
BP may spend up to $25B to develop four oil and gas fields at Iraq’s Kirkuk - Reuters
BP is expected to spend as much as $25B to redevelop four Kirkuk oil and gas fields, a senior Iraqi oil official told Reuters, as the country seeks to win back foreign investment.
Vitol sees 2040 global oil demand little changed from current levels
Global oil demand will likely be close to current levels in 2040, energy and commodities trader Vitol said in its long-term ...