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

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 ...

Brazil aims to become the world's fourth-largest petroleum producer by the end of the decade, a goal supported by its 2025 membership in OPEC+ and access to strategic development resources. The ...

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 ...

They said the objective is not to stop oil resumption but to ensure that any return to oil production is founded on transparency.