The International Energy Agency said oil demand will not return to its prewar level of about 106 million b/d until late 2027, ...

US crude oil production is projected to hit a record this year, driven by increased output from the Permian basin and Gulf of ...

EOG Resources' COO highlighted slight inflation impacts but emphasized partnerships to manage costs. Murphy 's focus has been ...

The IEA is reporting Russian oil refinery capacity is estimated to be 30% lower as a result of attacks by Ukraine, playing a ...

Zhejiang Petroleum & Chemical Co. Ltd. has contracted Lummus Technology to license its proprietary PDH technology for a new 1 ...

Crude markets are settling into a prolonged period in which supply disruption is a standing condition rather than a series of ...

Calumet's MaxSAF project in Great Falls has shifted from a large-scale expansion to a phased, cost-effective approach, ...

At the conference, Chevron reiterated its $7-billion investment plan in Venezuela, focusing on the low-cost barrels, while ...

As single-basin dominance shifts toward portfolio thinking, operators are looking beyond the Permian. Growth now depends on ...

The Papua LNG project is shifting as TotalEnergies hands over operatorship to ExxonMobil and reduces its interest. The ...

At 424.1 million bbl, US crude oil inventories are the same as the 5-year average for this time of year, the EIA report ...

The BLM is proposing streamlining oil and gas permitting in Alaska's NPR-A by replacing project-specific environmental ...