Mexican government estimates indicate a rapid decline in oil production after 2030, raising concerns about global energy security. Previous questionable practices by oil producers, such as reserve ...

LONDON, Dec 2 (Reuters) - Changes OPEC+ is making to its oil production quota system will likely spark a wave of upstream investments among members, particularly in low-cost Gulf producers, ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

OPEC+ has decided to increase oil production, surprising many given the soft outlook for oil prices, and potentially reversing earlier production cuts sooner than expected. The article questions ...

The liberation of Iraq and the overhaul of its creaky oil production system were supposed to boost supplies and help lower prices. That may yet happen. But with Iraq still producing less than half of ...

According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released earlier this month, the U.S. will produce 13.45 million barrels of crude oil ...

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. Each year, the Statistical Review of World Energy offers ...

The U.S. Energy Information Administration revealed its latest U.S. crude oil production forecasts in its January short term energy outlook. The U.S. Energy Information Administration (EIA) revealed ...

Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the latest figures, which reportedly show the impact of Ukrainian drone strikes ...

Chris Wright's optimism about US shale production growth is unrealistic. US shale crude oil production is plateauing. Weak production growth in Q4 2024 and adverse weather in early 2025 signal a ...

LAKEWOOD, Colo.--(BUSINESS WIRE)-- Pioneer Energy announced today they have been selected by the U.S. Department of Energy for four different awards which collectively total $27 million. Three of ...

Nigeria’s crude oil and condensate production fell to an average of 1.58 million barrels per day in September 2025, following a three-day strike by senior oil workers and scheduled maintenance at key ...