If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Following the steep drop seen in the previous session, the price of crude oil saw further downside during trading on Thursday. Crude ...

Chinese offshore operator CNOOC Ltd has achieved first oil at the Bozhong 26-6 field development project (Phase I) in the ...

Growth in oil output from the U.S. Permian basin, the country's most prolific formation, is expected to slow by at least 25% ...

Trio of EPCI deals are part of Adnoc's P5 programme, which aims to ramp up the company's oil production capacity to 5 million ...

Norwegian energy giant Equinor is halving investment in renewable energy over the next two years while increasing oil and gas ...

U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on ...

The Aberdeen & Grampian Chamber of Commerce is calling for tax cuts for North Sea oil and gas producers to protect the UK ...

Among the many big moves taken by the Trump Administration, boosting fossil fuel development has been a priority. In a series of actions, President Trump is following through on his promise not just ...

Nigeria once dominated global palm oil production, with countries like Malaysia sourcing palm seeds from Nigeria in the 18th ...

Suncor says its upstream production for the quarter totalled approximately 875,000 barrels of oil equivalent per day.

Abidjan, Côte d'Ivoire - February 06, 2025 Ivory Coast is the second largest producer of palm oil in Africa, according to the US Department of Agriculture, only behind Nigeria. Camera: LEGNAN KOULA.