Explore the key differences between successful-efforts and full-cost accounting methods for oil and gas companies, including their impact on expenses and financial transparency.

This news bulletin focuses on the intensifying 'Deepam row' in Tamil Nadu's Thiruparankundram. The controversy surrounds the lighting of the Karthikai Deepam, with devotees insisting on the ...

Water is becoming such a serious challenge for the Permian, which produces more oil than any OPEC member aside from Saudi Arabia, that operators will spend $101.3 billion managing it through 2030, ...

The Madurai Deepam controversy is intensifying with RSS chief Mohan Bhagwat asserting that the Deepam issue can be resolved within the state on the basis of the strength of Hindus. Your neighbors may ...

LONDON, Dec 2 (Reuters) - Changes OPEC+ is making to its oil production quota system will likely spark a wave of upstream investments among members, particularly in low-cost Gulf producers, ...

Oil producers in the OPEC+ group this weekend confirmed they will hold output levels flat in the first quarter of next year. This comes after the group spent most of this year increasing oil ...

Oil producers’ group OPEC+ maintained its plan to keep crude output levels unchanged until March 2026 at its latest meeting on Sunday, as market fears over a potential supply glut continue to persist.

The Energy Information Administration (EIA), which released data on Friday, showed that U.S. crude oil production reached a new record in September, despite concerns about oversupply. Oil production ...

In its latest short term energy outlook, the U.S. Energy Information Administration increased its U.S. crude oil production forecast for 2025 and 2026. Image by Leonid Ikan via iStock In its latest ...

Brent projected to average $62.23 per barrel in 2026 WTI projected to average $59.00 per barrel in 2026 For table of crude price forecasts, click Nov 28 (Reuters) - Oil prices are projected to remain ...