The latest EIA data showed that U.S. crude oil production for the week ending February 21 edged higher to 13.502 million bpd. The figure is still almost 200,000 bpd shy of the all-time high reached ...

U.S. energy firms this week added oil and natural gas rigs for a fifth week in a row for the first time since May 2022, ...

North Sea oil rigs could be forced to shut down unless ... However, it also stems from practices such as venting or flaring - the process of either releasing unwanted gas into the atmosphere ...