Environmental experts warn that U.S. plans under President Trump to restart and control Venezuelan oil exports could ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...

U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. The largest increases came from the ...

Petrobras PBR, Brazil's state-controlled oil and gas giant, recently marked a significant milestone in its ongoing efforts to revitalize the oil production capabilities. According to Reuters, as cited ...

Billionaire oil magnate Harold Hamm has ceased drilling operations in North Dakota’s Bakken shale, citing low margins as oil ...

The U.S., Eurozone, and Chinese manufacturing indexes all showed contraction at year-end. Weakness in manufacturing in China, the EU and the U.S. has been weighing on demand for distillates and will ...

Venezuela’s oil industry has begun a cautious recovery after nearly a decade of steep decline, but production levels remain ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Each year, the Statistical Review of World Energy offers ...

Resurgent global interest suggests that Nigeria’s oil industry may be emerging from a slump that had seen production drop to a two-decade low in 2022. Yet foreign firms are no longer the main players.

The internet is filled with claims that oil is undervalued compared to, for example, gold prices, the stock market, historical levels and so forth, even as the President calls for prices to fall ...