Markets

In 2023, the US southern state of Texas set unprecedented records in oil and gas production, underlining its crucial role in bolstering both the national and global energy supply.

In Marc, Norway achieved remarkable increases in oil and gas production, setting a new daily output record at 2.1MM bbl., which includes petroleum, natural gas liquids (NGLs), and condensate.

Chevron, through its affiliate Tengizchevroil LLP (TCO), has initiated a significant phase in the expansion of Kazakhstan’s Tengiz oil field.

he South American country is poised to undergo a significant economic transformation with its first oil production targeted for 2028, aiming to replicate the oil success seen by its neighbor, Guyana.

India and China are intensifying their efforts in upstream activities to bolster energy security amidst evolving global dynamics, yet their trajectories appear divergent.

President Gustavo Petro of Colombia announced plans for a deal allowing state-controlled Ecopetrol SA to produce oil and natural gas in Venezuela, following his recent trip to Caracas.

Petrobras has made a significant oil discovery in the ultra-deep waters of the Potiguar Basin on the Brazilian Equatorial Margin.

OPEC and its allied partners, collectively known as OPEC+, are charting a steady course in their recent decisions regarding oil production policy.

The Energy Information Administration's (EIA) recent report revealed a significant increase in the production of

The Uinta Basin in northeastern Utah is witnessing a remarkable surge in waxy crude production, driven by advancements in drilling techniques and increasing demand from refiners.