Venezuela's state-owned PDVSA has begun exporting a heavy crude oil grade that had been shipped by Chevron since 2022, ...

Crude oil inventories in the United States saw an increase of 4 million barrels during the week ending May 9, according to ...

A s president xi jinping stood shoulder to shoulder with his Russian counterpart, Vladimir Putin, watching Russian and ...

In this video, we take you inside the manufacturing process of steel drums, focusing on how millions of oil barrels are produced each year. From raw steel sheets to the finished barrels, discover how ...

NSA Ribadu pledges to prosecute oil thieves and vandals, assuring stakeholders of swift justice to protect national assets in Niger Delta.

Oilsands giant Suncor in the midst of a multi-year project to replace eight original coke drums, dating back to 1967, at its ...

Q1 2025. Management View. CEO Rich Kruger highlighted a record-breaking first quarter for Suncor, with upstream production reaching ...

U.S. crude oil prices rose more than 4% to $59.56 per barrel Tuesday as domestic production is expected to decline.

Oil fields are just as quick to make fortunes as break them. The 1901 Spindletop gusher in Texas jumpstarted the petroleum ...

But on Saturday, eight countries that belong to the oil cartel known as OPEC Plus said they would add about 411,000 barrels of oil a day in June. The move, which follows a similar step by the ...

According to the statement obtained by Channels Television, Saudi Arabia, Russia, and six other members of the oil-producing countries will implement a production adjustment of 411,000 barrels a ...

Read more. Wall Street Lowers Oil Price Forecast as Trade War Weighs on Demand Brent crude is expected to average $68.23 a barrel this year, while West Texas Intermediate is projected at $64.60 a ...