Venezuela's state-run PDVSA achieved $17.52 billion in hydrocarbon sales abroad. Despite U.S. revoking foreign operation ...

Venezuela's state-run PDVSA reported external hydrocarbon sales of $17.52 billion in 2024. This occurred during a period when ...

BP Flags Hit From Lower Oil, Gas Prices But Expects Production Rebound BP warned lower oil and gas prices would hit its second-quarter performance, but said it expects higher upstream production and a ...

Oil rose in early trade on prospects of potential U.S. sanctions on Russian oil and reports that OPEC+ was weighing a pause in output hikes after August. Supply is set to rise three times faster than ...

Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by 374,000 ...