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 ...

Synthetic oil used to be something only performance cars needed, but not anymore. Now it’s the manufacturer-recommended engine lubricant in many mainstream vehicles, such as the Subaru Forester ...

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 ...

In contrast, oil stocks were some of the few shining stars during the bear market of 2022. In fact, energy was the only sector to post a gain that year. This year? Not so much. Of the 23 energy ...

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 ...

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 ...