Suncor Energy plans to raise its annual upstream oil production in 2026 to between 840,000 and 870,000 barrels per day through major investments, contributing to a record-high production forecast for ...

Georgia background report raises red flags that a Russian oil shipment to Georgia may have been facilitated through a ...

Despite positive reports from OPEC and the IEA, as well as supportive US inventory draws and new geopolitical risks in the ...

Equinor and its partners are investing $396 million to develop the Isflak discovery and tie it back to the newly operational ...

Eastern Canada’s offshore oil sector faces a strategic crossroads as mixed frontier results, declining production, and a failed 2025 bid round pressure regulators to improve competitiveness ...

Suncor Energy has laid out an ambitious production and capital plan for 2026, forecasting a meaningful jump in oil and gas ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

Norway’s DNO is gearing up for its most ambitious drilling campaign in the Kurdistan Region in more than two years, ...

Venezuela’s collapsing oil industry has become a central arena for the Trump administration’s broader strategy to reassert ...

The International Energy Agency has revised down its forecast for a record 2026 oil glut by 230,000 bpd, citing a halt in ...

Ukraine's security services executed a long-range drone strike on Lukoil's Vladimir Filanovsky offshore oil field in the Caspian Sea, marking an unprecedented escalation against Russian energy ...

A shortage of supertankers is tightening the market and causing oil tanker charter rates to surge by 467% as new vessels race ...