The eight OPEC+ member countries decided to raise oil production by 547,000 barrels per day (bbl/d) in September 2025 from the August 2025 required production level. This adjustment was the result of the steady gl ...
OPEC+ member countries are predicted to approve more oil production on Sunday, noting that the members are still discussing the final increase for September.
French integrated energy company TotalEnergies announced on Sunday first oil production from the fourth development phase of the Mero-4 field on the Libra block in the pre-salt are of the Santos Basin, Brazil. Thi ...
OPEC+, a collaboration between OPEC and other oil-producing nations led by Russia, will introduce a 411,000 barrels per day (bbl/d) hike in its production in June, mirroring the surge it adopted in May.
The eight OPEC+ countries reaffirmed to start gradual increase in production starting from 1 April 2025 by adding 411,000 barrels per day (b/d), equivalent to three monthly increments, in May 2025.
McDermott has completed the engineering, procurement, construction, installation, and commissioning (EPCIC) activities in the Gulf of Mexico to begin oil production at Shell's Whale development. The project, award ...
Oman reported a 308,422,100 barrels of oil exports by the end of December 2024, a slight drop from 310,331,200 barrels recorded in the same period last year. The country reached total oil production of 363,288,500 ...
The fourth floating production storage and offloading (FPSO) facility is expected to depart for the South American country in the first quarter of 2025, said John Hess, CEO of US oil producer Hess Corporation, dur ...
ExxonMobil said on Wednesday it had reached 500 million barrels (mmbbl) of oil production from Guyana’s Stabroek block since 2019, with aim to increase production capacity to over 1.3 mmbbl of oil per day by 2027 ...
Egyptian General Petroleum Corporation's Chairman Salah Abdel-Karim has met with Baker Hughes' EVP for Oilfield Services and Equipment, Amerino Gatti, accompanied by his delegation to explore innovative solutions ...
