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 ...
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Oil stocks are often volatile, influenced by geopolitics and supply-demand imbalances. Investments in oil stocks should focus on companies with strong financial health and low operation costs ...
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 ...
“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 ...
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 ...
Talos said it expects production in line with pre-drill estimates of approximately 15 to 20 thousand barrels of oil equivalent per day (MBoepd) gross. Image by connect11 via iStock Talos Energy ...
HOUSTON, Jan 20 (Reuters) - Oil prices settled lower on Monday after U.S. President Donald Trump was sworn in for a second time, and said he would immediately declare a national energy emergency ...
Asia expected to dominate oil and gas demand growth Demand driven by growing ... but the existing combined 2C contingent resources of 22 million barrels of oil equivalent (22MMboe) has contributed to ...
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