Several OPEC+ members, led by Saudi Arabia and Russia, will extend voluntary oil output cuts of 2.2 million b/d into second-quarter 2024, providing the market with a boost amid concerns about global ...

HOUSTON, Sept. 5-- Anadarko Petroleum Corp. has started a second oil production train at Hassi Berkine South oil field in Algeria, which eventually will boost output to 135,000 b/d from 74,000 b/d.

EIA PSM came out today for December, and there are far more questions than answers. For starters, the EIA reported the highest ever "crude oil supply" figure in history. This is calculated by taking ...

US shale oil production growth in 2023 was overstated due to EIA's inaccurate data, leading to inflated growth expectations for 2024 and 2025. Associated gas production is outpacing crude production, ...

Block 10 ESDA Partners Target 70,000 B/D Production By 2007The partners in Yemen&rsquos Block 10 East Shabwa Development Area (ESDA) are targeting production of 70,000 b/d by 2007, according to Roger ...