The oil giant produced over 1.9 million barrels of oil equivalent per day (BOE/d) during the period, surpassing the high end of its production guidance. It achieved record production in the lower ...

ExxonMobil (NYSE: XOM) is the undisputed leader in the oil patch. That was abundantly clear when taking a look at its recent third-quarter earnings report. The oil giant delivered industry-leading ...

Analysts on average had estimated $48.99 billion in revenue. Worldwide net oil-equivalent production was up 7 percent from a year ago primarily due to record production in the Permian Basin and ...

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“It will also lure abusers to try other kinds of drugs. Taking ‘space oil’ is equivalent to taking drugs.” Hong Kong secondary school students. File photo: GovHK. Space oil is often ...

The total recoverable reserves are estimated at nearly 3 billion barrels of oil equivalent, including some gas. However, as the field's production peaks, there are growing concerns about Norway's ...

The field hit record daily output of more than 756,000 barrels of oil per day in September, equivalent to some 6%-7% of Europe's daily oil consumption, according to Equinor. "We expect Johan ...

NEW YORK, Oct 23 (Reuters) - Oil prices fell on Wednesday after data showed U.S. crude inventories rose by more than expected even as refining activity rebounded, though futures remained up about ...

Oil traders are holding a record number of options ... this week topped 4 million contracts for the first time — the equivalent of four billion barrels. The total number of positions held ...

It outlined that this change “is due to production of around 424 million barrels of oil equivalent in 2023 not being fully offset by additions following field development plan approvals or ...