EIA sees 2026 oil production decline despite regional growth
After a decade of output gains, the US oil sector may be entering a new phase....
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Oil
Oil steadies after losses on Venezuela tensions and surplus fears
A new wave of US sanctions against Venezuela is constraining exports, while long-term forecasts point to...
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Greenland’s Jameson Land basin emerges as a multibillion‑barrel oil frontier
Greenland’s Jameson Land basin could hold more than 13 billion barrels of oil, positioning it as...
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Shell profits climb to $43B despite oil price decline
Despite lower oil prices in 2025, Shell outperformed expectations with strong offshore results. Projects from Brazil’s...
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BP confirms major oil and gas find in Namibia’s Orange Basin
BP’s confirmation of a new gas-condensate discovery offshore Namibia marks a critical development in one of...
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