Venezuela’s oil decline began years before sanctions, but sanctions still hold the key to how much production could return ...

Offshore Production Operator — typical annualized total compensation in USD by experience: Entry $85,000–$115,000; Mid-Career $120,000–$160,000; Senior $170,000–$210,000. These reflect offshore ...

U.S. October oil production increased by 31 kb/d to 13,870 kb/d, another new record high. The largest increases came from the ...

The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...

Shell Offshore Inc. (Shell), a subsidiary of Shell plc, has started oil production at its Whale floating production platform, the company's 14th deep-water development in the Gulf of Mexico. The start ...

Oil has long been the backbone of Venezuela’s economy. The state-owned oil company PDVSA was once regarded as one of the most capable national oil firms globally, producing over 3 million barrels per ...

The first oil production from a joint U.S.-French corporate venture in the Gulf of America was a welcome indication that President Donald Trump’s agenda to "unleash American energy dominance" is ...

Russian oil production is facing a significant decline due to global sanctions imposed after the invasion of Ukraine, which have denied Russia access to essential Western technology and equipment ...

Wyoming oil and gas operators are cheering a BLM announcement last week to delay a Biden-era 1,400% hike on bonding costs.

With oil below $60, Permian Basin output stays flat as operators pivot to natural gas for LNG and AI, setting up a potential ...

Oil and gas production in Norway topped forecasts by nearly 4% in July as crude oil production jumped, data from the Norwegian Offshore Directorate showed on Wednesday. Norway’s crude oil output of ...

First oil production will not happen this year from the Seme shallow-water project in Benin, West Africa, where the operator ...