Tag Archives: Production

Chevron sold off much of its assets in the North Sea. no longer viewing the region as a high priority.

OPEC’s oil production dropped to a 2015 low of 30.17 million bpd in May.

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are trading lower on Friday amid an escalation of geopolitical events

U.S. monthly output peaked at 11.966 million bbl d in December.

OPEC and its allies including Russia are scheduled to meet on June 25-26.

Despite lower supplies. crude oil has fallen from a six-month high above $75 a barrel in April to below $68 on Thursday.

Canadian Natural Resources Ltd. can’t yet claim the King of the Oil Sands status. but it’s a lot closer to overtaking its rival Suncor Energy Inc. after buying a key Athabasca drilling site.

Researchers have demonstrated a new reaction for generating oxygen that could help humans explore the universe and perhaps even fight climate change at home.

A critic of Papua New Guinea’s resource deals has been chosen as the country’s prime minister. a potential speed bump for multi-billion-dollar natural gas export projects led by Exxon Mobil Corp. and Total SA.

API President and CEO Mike Sommers today delivered remarks to more than 500 local leaders at the Alaska Oil &. Gas Association Annual Meeting in Anchorage.