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Rystad Energy had been projecting an increase in US shale production of 650,000 bpd by the end of this year, but recent developments have caused it to take a more?

Petrobras has started shutting down production at 62 offshore platforms in the shallow waters off its coast, Reuters?reported, adding that the cuts will amount to 23,000 bpd. Petrobras said?

The sharp contraction in global oil demand amid lockdowns and stalled industrial activity will lead to the lowest demand for OPEC crude in more than thirty years this quarter.?? Global?

China Petroleum & Chemical Corporation, or Sinopec, is helping Kuwait to remodel a camp at a refinery into a hospital to treat the rising number of coronavirus patients in one?

The historic OPEC+ production cut deal may have prevented a total disaster in the oil market, but it will be unable to stave off the impending global oil inventory build?

Canadian oil is struggling. And I mean really, really having a tough time. Alberta's benchmark, Western Canadian Select, is now cheaper than a?

Oil producers operating in North Dakota have idled more than a quarter of the oil wells in the state, the AP?reported, citing a statement by a state regulator to?

Portugal's energy giant Energias de Portugal (EDP)?fell victim?to a ransomware attack this week, with hackers threatening to leak more than 10 terabytes of sensitive company information unless the firm?

While Mexico's leftist President Andr?s Manuel L?pez Obrador wants to make state oil firm Pemex the pillar of a turnaround in the country's declining oil production, hundreds of Pemex workers?

Unidentified armed men have boarded a Hong Kong-flagged oil tanker off the coast of Iran near the strategic Strait of Hormuz, a British monitoring organization and a private intelligence firm?