Chevron expects Kazakhstan's Tengiz oil field, one of the largest of its kind in the world, to produce 1 million barrels of ...

U.S. energy giant Chevron expects 1 million barrels of oil equivalent per day from Kazakhstan's Tengiz oil field, which is among the world's biggest. Meanwhile, an Exxon executive downplayed hopes ...

The American Petroleum Institute reportedly shows a surprise build of 1M barrels of oil in U.S. commercial stockpiles for the ...

Oil prices have bounced around quite a bit over the past year. WTI, the primary U.S. benchmark price, has topped $80 a barrel several times, including earlier this month. However, it has cooled ...

In December, ExxonMobil updated its corporate plan, including new cost savings targets, earnings and cash-flow expectations, ...

The Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, disclosed that the 2025 budget ...

The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.

The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day. By Stanley Reed Chevron said Friday that it had completed an ...

Early in the year, oil prices surged as OPEC+ announced production cuts of 1.66 million barrels per day (bpd), aiming to stabilize prices amid economic uncertainty. However, by the third quarter ...

He said the company also gained market share - from 46.4 per cent in PSU sale in Q2 (July-September) to 46.7 per cent in Q3. In the industry as a whole (after taking into account private fuel ...

Indian Oil Corporation (IOC), the nation's biggest oil firm, on Monday reported a 64 per cent drop in its December quarter net profit as inventory and foreign exchange losses eroded gains from record ...