The continuous shortage of crude oil has significantly impeded investments in the building and full-scale operations of seven ...

French oil company Maurel Prom has had its license to operate in Venezuela revoked by the United States as part of the its ...

The Permian basin was the centerpiece of the shale revolution that began nearly two decades ago and spurred the U.S. to ...

Us Weekly and the harris project's 'The Missing Issue' revisits Pete Davidson's quotes about his struggles with substance misuse, PTSD and BPD ...

Phillips 66's 356,500 barrel-per-day Wood River refinery is undergoing a turnaround, research company IIR Energy said on ...

U.S. commercial crude oil imports fell last week by 85,000 barrels per day (bpd) to 5.4 million bpd, the lowest since March 2023, data from the U.S. Energy Information Administration showed on ...

Crude has negative carryover from Thursday when the IEA cut its 2025 global crude consumption forecast by about 100,000 bpd to about 1 million bpd and projected a global crude surplus this year of ...

Crude prices were undercut when OPEC+ said last Monday it would restart some halted crude output in April, adding 138,000 bpd to global supplies. That is the first of a series of monthly hikes ...

Where Kazakhstan has a quota of 1.468 million bpd, it produced 1.570bpd in January and has now increased to 1.767 million bpd as captured by OPEC data. Nigeria is also producing about the assigned ...

Amid fresh US sanctions against Russian oil, crude exports by Russia have been significantly higher to China than to India in March so far, according to data from commodity market analytics firm ...

The Panama Canal is exploring the construction of a pipeline to move liquefied petroleum gas (LPG) across the trade passage, canal administrator Ricuarte Vasquez said on Monday, with Japan seen as a ...

Minister Bahlil Lahadalia said late on Monday, after a meeting with President Prabowo Subianto, that the planned capacity for the new refineries would be doubled to 1 million bpd. He said ...