Oil futures settled higher on reports of a production halt in Kazakhstan’s major Tengiz oilfield due to power-grid ...

Venezuela’s current oil production infrastructure “has been held together by string and gum,” said Fernando Valle at Hedgeye ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...

Environmental experts warn that U.S. plans under President Trump to restart and control Venezuelan oil exports could ...

Incoming President Donald Trump and his team have suggested that by expanding drilling, oil production might rise by 3 million barrels/day (mb/d), bringing down prices and thus U.S. inflation. This is ...

Venezuela’s oil industry has been in the spotlight since President Donald Trump captured the country’s President Nicolas ...

Some areas in the Permian have hit geological limits while others, yet to be drilled, are not expected to be as prolific as the prime Tier 1 acreage. Despite record U.S. crude oil production, limits ...

When crude oil is processed, a lot of grungy byproducts are left over. A new study indicates that a couple of those substances can be used to make low-cost carbon fibers, which could in turn find use ...

MOSCOW (Reuters) - Russia's Gazprom Neftekhim Salavat oil processing, petrochemical and fertiliser complex located in the Bashkiria region was attacked by a drone but is functioning as usual, Radiy ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil-producing countries. The World’s August oil production increased by 405 kb/d ...