Saudi Arabia Restores Major Oil Pipeline After Recent Attacks, Will Prices Drop?
Saudi Arabia’s energy ministry confirmed on April 12 that it had restored full pumping capacity on its East-West…
Brazil, Guyana, and Argentina Lead Next Wave of Non-OPEC Oil Production
Oil from offshore Brazil, Guyana, Suriname, and Argentina’s Vaca Muerta shale play will be key sources of cost-competitive…
Varcoe: Calgary-based energy giants paint a vision of growth as Canada aims to be an energy superpower
If the push to turn Canada into an energy superpower is a tricky jigsaw puzzle, the country’s largest…
Indian Refiners Pivot Away From Russian Oil
Oil prices were little changed in the current week, with bearish sentiment still ruling the markets after the…
Record Production and Strategic …
This article first appeared on GuruFocus. Cash Flow from Operations: Nearly $1.8 billion. Cash on Hand: Approximately $1.9…
Kuwait oil production capacity at highest level in more than a decade
Kuwait’s crude oil production capacity has reached 3.2 million barrels per day (mbbl/d), according to the country’s Oil…
American Oil Majors Expand as Smaller Producers Retreat Amid Price Pressures
Previously, we reported that U.S. oil production has maintained its upward trajectory in the current year even as…
OPEC+ October Oil Production Increase Smaller Than Previous Hikes – News and Statistics
Sep 6, 2025 Eight OPEC+ nations are expected to agree to an increase in oil production during an…
US net imports of crude soar last week to highest in a year, EIA says
HOUSTON (Reuters) -U.S. net imports of crude oil rose to 4.6 million barrels per day (bpd), its highest…
Record Shale Oil Production and Strategic Debt …
Revenue: $19.3 billion in 2024, marking an 11% annual increase. Adjusted EBITDA: $4.7 billion in 2024, reflecting a…
Navigating Challenges with Strategic …
Net Income: $364 million or $1.14 per share for Q3 2024, compared to $2.6 billion or $7.49 per…