OPEC crude production rose by about 400K b/d in Aug., reaching 28.55 MM b/d, with Saudi Arabia, the UAE, and Nigeria driving the increase.
September 06, 2025
The US energy sector is exhibiting a paradox of record-high production amid a contracting rig count.
September 06, 2025
US crude oil production hit a record high in Jun., according to the EIA's Petroleum Supply Monthly,
August 31, 2025
Drilling and exploration activity across North America saw mixed but generally positive trends this week, with a focus on offshore development and a jump in US crude exports.
August 23, 2025
Scandinavian major producer's oil and gas production significantly topped forecasts in Jul., driven by a major new oilfield reaching full capacity.
August 23, 2025
Guyana’s oil-producing capacity has surged to 900K b/d with the start of production at ExxonMobil's Yellowtail development in the offshore Stabroek block.
August 16, 2025
The UK energy major has announced its largest oil and gas discovery in 25 years in the deepwater Bumerangue block of Brazil's Santos basin.
August 10, 2025
The oil and gas industry in South America is being reshaped by a combination of US sanctions, corporate strategy shifts, and new government policies.
August 10, 2025
While Big Oil companies have historically profited from market volatility through their trading arms, the current geopolitical uncertainty is proving to be a challenge.
August 09, 2025
The South Pacific island country’s Parliament has voted to reverse a 2018 ban on offshore oil and gas exploration.
August 03, 2025
