Tag
oil production
3 articles
Brazil's Oil Reserves Rise, but Development Challenges Persist
Proven oil reserves increased six percent in 2024 as Brazil expands ultra-deep offshore production, yet the nation struggles to convert vast natural wealth into broad economic progress
Trump Lifts Alaska Drilling Curbs as Oil Industry Returns
President Donald Trump has lifted restrictions on Arctic drilling and streamlined permitting in Alaska's 23 million-acre National Petroleum Reserve, drawing major investment back to a region the industry had nearly abandoned.
Libya's El Feel, Wafa Fields Resume Output, Adding 120,000 BPD to Global Supply
The National Oil Corporation confirmed crude flow restarted at both southwestern fields after a week-long halt triggered by a local protest.