Big companies have been paying billions to acquire smaller competitors — and their drilling rights.

The split was Angola’s idea. What does it mean for OPEC — the group of oil-producing developing nations — and for the country?

Domestic oil production is running around a million barrels a day ahead of predictions.

Leaked documents obtained by the BBC show the United Arab Emirates, a major fossil fuel producer, was looking to strike oil deals at COP28.

The expectation was that OPEC countries would continue cutting back supply. Some think the delay may mean there’s disagreement about that.

The Permian Basin, which runs through West Texas and New Mexico, produces more oil than most countries.

Cutting production usually leads to an increase in prices. Here’s why that might not be the case this time.

The cartel releases its monthly oil market report on Thursday.

The small increase of 100,00 barrels a day may be a sign that the cartel thinks a recession is coming.

Russia is the world’s third-largest oil producer — such a decision won’t be made lightly.