EIA’s August STEO expects the United States to set another record in oil production this year. It projects production of 13.8 ...

Driven by sanctions relief, regulatory changes, and Middle East supply disruptions in the Strait of Hormuz, Venezuela's crude production surpassed one million barrels per day in June 2026.

Oil industry executives have voiced that reviving Venezuela's oil production will be a long and costly process. Companies will need stable, legally defined frameworks, security for investments, and ...

NUIQSUT — To an untrained eye, the endless expanse of Alaska’s North Slope tundra looks empty. The flat landscape, only broken up by ice formations shaped by the wind blowing in from the Beaufort Sea, ...

The EIA’s April STEO report has made significant and major revisions to the projected world oil production due to the US/Iranian war. December’s world oil output W/O the US decreased by 59 kb/d to ...