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 ...
BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant.Around 4,700 employees ...
President Trump wants to boost oil drilling, but his allies in the U.S. shale industry and Saudi Arabia are pushing back, The Wall Street Journal reports. Trump for months has encouraged the U.S.