Total O&G investments including pipelines are now at $22.9bn (Nkr256bn) for this year, an all-time high, having surpassed the previous record of $20.4bn set in 2014 when oil prices spiked.

Due to strong new well productivity and continued drilling and completion efficiency gains, Marathon Oil (MRO) raised full-year 2024 total oil production guidance to 192,000 net bopd and oil ...

The Total refinery is the biggest in Antwerp, located in the heart of Europe’s oil-trading hub. It’s also the company’s largest oil-processing plant in Europe, with the capacity to process ...

Iranian sources have stated that the new Iranian government’s budget bill (2024-2025) shows that more than 50% of total oil and gas export revenues will flow into the coffers of the Iranian ...

The output is an 11% increase compared with second-quarter 2024. Shale now accounts for 49% of YPF's total oil output, the company said in its third-quarter report last week. Medanito crude oil ...

which is largely made up of oil production taxes and profit-based taxes in the industry, also fell more than 25% to 1.21 trillion rubles. Total oil and gas revenue rose on a monthly basis ...

Under Total's momentum scenario, oil demand would peak just after 2030 and fall to 70 million barrels per day in 2050. The Paris-aligned scenario would require oil demand to peak before 2030 ...

Muscat – Oman’s oil production has experienced a notable decline, with total output dropping by 5.1% to 272.4mn barrels in the first nine months of 2024, down from 287mn barrels in the same period ...

HOUSTON, Nov 15 (Reuters) - Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a potential slowing in the pace of U.S. Federal Reserve interest ...

That flood of new supply has made the production of a country such as Iran less important to the world oil market: Iranian exports are now only about 2 percent of total global production.

Global oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to the International Energy Agency. “This year ...