Chevron has announced a temporary halt in oil production at its Petronius Gulf platform, a major offshore facility in the ...

Chevron announced that it will purchase 20,000 barrels of oil per day now that Sable has restarted oil production at Platform Harmony. Credit: Sydney Hlavaty / Noozhawk file photo Sable Offshore Corp.

A CNOOC drilling platform operates off Huizhou, Guangdong province. XINHUA . China National Offshore Oil Corp's breakthrough ...

In its latest STEO, the EIA projected that total U.S. crude oil production will drop in 2026 and 2027. In its latest short term energy outlook (STEO), which was released on January 13, the U.S. Energy ...

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 ...