The world is producing more oil than it needs, so 2026 prices are expected to be lower. The question is how low a barrel will ...

There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

Oil prices are forecasted to face a glut in 2026, forcing OPEC+ to maintain production cuts against global supply and ...

Crude oil output reached an estimated 5.9 million barrels per day in November, the highest level ever recorded in U.S. history, according to U.S. Energy Information Agency data.

Environmental groups filed an emergency lawsuit Wednesday seeking to block the federal government's approval this week of ...

Chevron has achieved a major operational milestone in Angola, delivering first oil from its South N’dola offshore platform in ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. This article is more than 2 years old. CRANE, TEXAS - MARCH 12: ...

Ukraine said its drones struck the largest Russian gas processing plant in the Orenburg region, which also processes gas from ...

When Guy Coviello, president of the Youngstown/Warren Regional Chamber of Commerce was asked if the amount of oil and gas ...

A man carries buckets while working to clean up an oil spill near a pipeline of state-owned Petroleos de Venezuela (PDVSA) in Voladero, Monagas state, Venezuela, on November 5, 2021. - Leaks, rusted ...

Following the plan, the administration and the Ministry of Finance launched a subsidy program to establish model production ...