Annual conventional discoveries have fallen from over 20 billion boe in the early 2010s to about 8 billion boe since 2020.

Iran faces rising logistical expenses—from ship-to-ship transfers to tanker reflagging—meaning it pays more just to sell each ...

Offers of Venezuelan crude to India are limited, and in small volumes, as most of the oil under U.S. control is heading to ...

Waymo is preparing to launch its driverless taxi service in London this year, expanding internationally even as U.S.

Guyana’s meteoric rise into a global oil powerhouse unfolded under the constant threat of Venezuelan territorial aggression, ...

Russian crude is piling up at sea as India’s refiners step back from purchases, leaving Moscow with millions of barrels on ...

The total impact on January output, based on Rystad Energy’s initial intelligence of the freeze, suggests that America’s ...

A severe cold spell temporarily knocked up to 2 million barrels per day of U.S. oil production offline while sharply ...

Venezuela expects oil investments to rise to $1.4 billion this year as limited U.S. sanctions relief and legal reforms reopen ...

The United States has deployed significant military assets to the Middle East, increasing pressure on Iran and raising the ...

Winter Storm Fern has eclipsed Kazakhstan’s Tengiz restart, with up to 2 million b/d of U.S. crude output curtailed—yet Brent remains pinned near $66.

After bringing its first commercial CCS project online in 2025, ExxonMobil is accelerating new Gulf Coast projects and ...