Revenue totaled $83.43 billion, missing Wall Street’s estimate of $87.12 billion. Exxon’s net production hit 4.6 million oil-equivalent barrels per day during the quarter, an increase of 20,000 ...

Global oil demand seen growing by 700,000 to 1.3 mln bpd in 2025 First upward revision in 2025 Brent price forecast since April For table of crude price forecasts, click Jan 31 (Reuters ...

(Reuters) - Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for last year to be 85%. The reserve replacement ratio (RRR) measures how much oil and gas a company adds ...

By 1997, when 84 countries signed the Kyoto Protocol to curb global greenhouse gas emissions, the oil industry had built an effective apparatus for actively discrediting climate science and ...

The Sangomar field offshore Senegal in the fourth quarter produced 75,000 barrels of oil equivalent per day, while Woodside’s output for the three months ended 31 December averaged 559,000 boepd.

Chinese oil companies, spearheaded by CNOOC Ltd, are intensifying efforts to secure energy resources globally, while shedding upstream assets deemed inefficient in a bid to optimise operations and ...

rarrarorro/HIP SOMODEVILLA/Getty A 2007 estimate from the U.S. Geological Survey suggests that Greenland contains approximately 31.4 billion barrels of oil equivalent, including oil, gas and ...

“The decisions that U.S. companies make about how much to grow oil production are first and ... 17.5 GW of new natural gas capacity planned, equivalent to more than eight Hoover Dams, according ...

Artificial intelligence has suddenly made electricity a hot commodity. No wonder major oil companies want a piece of it.

China's oil and gas production in 2024 surpassed 400 million tons of oil equivalent (TOE) for the first time, according to data released on Monday by the National Energy Administration (NEA).

The floating production systems (FPS) sector also witnessed growth, securing 11 EPC awards which collectively offer a throughput capacity of 1.57 million barrels of oil equivalent per day, including ...

In the meantime, Liverpool are exploring contingency plans, with a La Liga star being eyed as a potential replacement. Ultimately, cutting ties with the Egyptian might be for the best ...