Russia may develop oil sanctions workarounds as global supply rises, IEA says
Russia's oil exports could be sustained if it finds workarounds to the latest U.S. sanctions package, the International Energy Agency (IEA) said on Thursday, as it forecast that growth in global oil supply would outpace demand this year.
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GCC countries' crude oil production in 2023 logged about 17 mbpd, ranking first worldwide in output, reserves, exportsGCC countries ranked first in global energy indicators and first in crude oil production, crude oil reserves, crude oil exports and natural gas reserves. Additionally, the GCC countries ranked second ...
Trump's 'Drill, Baby, Drill' push faces industry hesitation as oil producers prioritize profits over politics. Explore the ...
World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...
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World’s largest metamorphic rock oilfield in China’s Bohai Sea commences productionThe Bohai 26-6 Phase I project has begun production and aims to peak at around 22,300 barrels of oil equivalent daily by 2025 ...
Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...
Houston-based Chevron announced it will be reducing its global workforce by 20% as it is seemingly trying to slim costs and ...
OPEC+ has decided to stick to its scheduled production plan despite rising oil prices and pressure from President Trump to ...
Oil Market Report of the Organisation of Petroleum Exporting Countries (OPEC) has shown that Nigeria’s crude oil ...
UK-based player is advancing major gas import initiative at Bressay, enhanced oil recovery at Kraken, and new infill drilling ...
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