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 ...

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 ...

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 ...

The World’s July oil production increased by 428 kb/d to 84,726 kb/d, a new World Peak Oil All-Time High. For December 2026, production is projected to be 85,665 b/d, an upward revision of 135 kb/d ...

U.S. crude oil inventories increased more than expected last week as U.S. production hit a record high and exports fell, according to data released Thursday by the U.S. Energy Information ...

The World’s June oil production increased by 895 kb/d to 84,184 kb/d. For December 2026, production is projected to be 85,538 b/d, an upward revision of 853 kb/d from last month. World oil production ...

Saudi Arabia, the de facto leader of the oil cartel, sees advantages in increasing output despite market risks. By Stanley Reed Reporting from London Eight members of the OPEC Plus oil producers group ...

KUWAIT, Sept 22 (Reuters) - Kuwait's crude oil production capacity stands at 3.2 million barrels per day (bpd), oil minister Tariq Al-Roumi said in an interview with local newspaper Al Qabas, the ...

FORT STOCKTON, TEXAS - MARCH 24: The sun sets behind a pumpjack during a gusty night on March 24, 2024 in Fort Stockton, Texas. Employment in Texas has reached record highs, with the oil- and ...

The U.S. hit a new crude oil production record recently, a data page on the U.S. Energy Information Administration (EIA) website showed. The data page - which displays monthly U.S. field production of ...

WASHINGTON, DC - APRIL 08: U.S. President Donald Trump holds an executive orders after signing a series of orders on American energy production during a ceremony in the East Room of the ...