Of the major US producing states, Pennsylvania and Ohio saw increases. With 18 and 12 rigs running respectively, each state gained 2 rigs this week. West Virginia and California each dropped a single ...

The DHQ also said the troops recovered 117,395 litres of stolen crude oil, 22,050 litres of illegally refined Automotive Gas Oil, 6,000 litres of Dual Purpose Kerosene and 8,060 litres of Premium ...

The Defence Headquarters (DHQ) says the troops of Operation Delta Safe have in the last one week discovered and deactivated no fewer than 42 illegal refining sites in the Niger Delta region. The ...

U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker ...

Despite doubling per well output since 2019, the Permian’s rig rate gains are slowing and decline curves are steepening, ...

Producing the world’s heaviest deepwater crudes is a complicated process that many majors walked away from—but Brava Energia stepped up. Atlanta field represents a breakthrough in ultradeepwater oil ...

The U.S. Energy Information Administration (EIA) projects U.S. crude oil production will peak around 14 million bpd in 2027.

U.S. crude stocks rose last week despite a major increase in exports, while fuel inventories fell, the Energy Information Administration said on Wednesday.

Troops of Operation Delta Safe have arrested 49 suspected oil thieves and dismantled 22 illegal refining sites over the past ...

US crude oil exports in 2024 surpassed the previous record set in 2023, exceeding an annual average of 4.1 million bpd.

Crude futures notched back-to-back gains on Thursday, with prices finding support from growing tensions in the Middle East that raise the risk of supply disruptions in the oil-rich region.

U.S. President Donald Trump has inadvertently hit Russia’s economy after his "Liberation Day" tariffs caused oil prices to drop drastically on April 7, with potentially massive ramifications for the ...