PetroChina , , Asia's largest oil and gas producer, on Sunday said annual net profit rose 2% to a record high, as moderately ...

Demand growth has been weak, oil output has increased elsewhere and some Opec+ members have pumped above their quotas, ...

Crude oil prices are set for another weekly gain, driven by new U.S. sanctions on Iran's energy industry and OPEC+ efforts to ...

Alaska could see the biggest jump in crude oil production in decades thanks to new developments, said the Energy Information ...

it is the world’s most important commodity. The US investment bank Goldman Sachs estimates the proportion of crude oil used for primary materials production to be 45 per cent. Because the crude ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

Daily production of 413 barrels of crude oil and 68,000 cubic meters of natural gas has been yielded after test drilling, a ...

U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces ...

Canadian oil producers selling crude to U.S. refiners are enjoying a significant windfall, and they have one man to thank: ...

U.S. crude oil production averaged 13.574 million barrels per day (b/d) during the week ending March 21, up by 1,000 b/d from the previous week, the U.S. Energy Information Administration (EIA) said ...

A series of pipeline explosions and fires in Nigeria's Niger Delta, amid a political crisis, are threatening the country's ...

China is the world's biggest crude importer ... distillate inventories were -5.9% below the 5-year seasonal average. US crude oil production in the week ending March 14 was unchanged w/w ...