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Concerns about oil prices didn’t reduce crude output in April, but weaker numbers could be on the way. Oil production in the United States crept upward slightly in April, setting another record ...
Canadian oil sands production will reach record annual production in 2025 despite lower prices, according to a forecast from S&P Global Commodity Insights. Oil sands production in the country is ...
S&P Global Commodity Insights expects a record annual average output of 3.5 million b/d from Canadian oil sands in 2025, marking a 5% increase from 2024, as part of its updated 10-year production ...
US crude oil production likely will fall over the next 18 months as producers cut back on drilling activity in response to lower oil prices, the US Energy Information Administration said.
Texas’s natural gas production set record highs this spring as the state’s oil production remained at strong levels, reinforcing “Texas’ central role in powering the U.S. and global ...
The US is facing a slowdown in oil production growth this year, and a steeper year-on-year overall decline in 2026 than previously anticipated, according to recent analysis by S&P Global Commodity ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil production despite weak demand.
Joint venture players implement multiphase revised field development plan at PY-3 to revive production from Svetah Venetia FPSO ...