Ecopetrol SA shares plunged after Colombian President Gustavo Petro called on the oil producer to sell its operations in the ...

US president Donald Trump’s pledge to lower gas prices has faced challenges as both US and international oil producers are ...

Growth in oil output from the U.S. Permian basin, the country's top oilfield, is expected to slow by at least 25% this year ...

China's crude oil and natural gas output exceeded 400 million tons of oil equivalent for the first time in 2024, according to the National Energy Administration. The country's crude oil and natural ...

Advantages of EGS are high capacity, low carbon emissions, small land footprint, and flexibility to back up intermittent ...

Kazakhstan will produce shale oil for the first time later this year, officials said Tuesday, hoping to boost the Central Asian state's ...

The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

Kazakhstan plans to produce the country's first shale oil in 2025, Prime Minister Olzhas Bektenov said. "Kazakhstan expects to produce its first shale oil this year, thus creating an incentive to ...

Kazakhstan has persistently exceeded its output quota of 1.468 million barrels per day (bpd) under the production-curbing deal struck by the Organisation of the Petroleum Exporting Countries and ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

The government's recent energy deal will fill the entire country with wind turbines and solar parks, and at a steep cost to ...