Sierra Leone Stakes Next Oil Frontier Claim
African countries have recently started making more and more headlines with their plans to develop local oil and…
Oil Prices Dip as OPEC+ Boosts Supply
By Irina Slav – Jun 30, 2025, 1:57 AM CDT
Crude oil prices fell at the start…
Sacramento blinks in oil phase-out
In a potential watershed for local oil production, a senior Sacramento energy official recommended Friday that the Newsom…
Equinor and Partners Approve $2 Billion Fram Sør Project
A new oil and gas project in the North Sea has been greenlit by Norwegian oil major Equinor…
Lula’s Brazil Doubles Down on Oil and Cash
A new offshore oil auction in the Amazon, a major investment in refinery expansion, and an attempt to…
Trump wants oil producers to pump more crude amid fear of Iran response
By AAMER MADHANI and CHRIS MEGERIAN, Associated Press WASHINGTON (AP) — President Donald Trump thanked Iran for giving the U.S.…
Ivory Coast sets ambitious targets to boost oil production by 2035
(Bloomberg) – Ivory Coast expects its oil output to increase more than fivefold in the next decade, boosted…
Why Big Oil Isn’t Afraid of Peak Oil Demand
Big Oil firms expect global oil demand to stop growing at some point early next decade. But the…
Oil and Gas Production Surges in Argentina’s Vaca Muerta Shale
Argentina’s Vaca Muerta shale play posted significant first-quarter gains in 2025, building on last year’s strong performance, with…
Nigeria Crude Oil Exports: N12.96tn in Q1 2025
Oil producers exported crude oil and other petroleum products worth N12.96tn in the first quarter of 2025, even…
U.S. Crude Production Set For A Decline Amid Low Oil Prices
Earlier in the year, U.S. Treasury Secretary Scott Bessent unveiled his ambitious“3-3-3” plan wherein the Trump administration will…
EIA Calls Peak Shale as Drilling Activity Declines
Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a…