oil and gas production

Argentina’s shale boom propels it past Colombia in oil output

December 31, 2025

(Oil Price)– Argentina, in a surprise development, overtook Colombia to become South America’s fourth-largest oil producer. The country is undergoing a once-in-a-generation unconventional hydrocarbon boom, which began with Buenos Aires nationalizing integrated energy major YPF in 2012. Since then, Argentina’s oil and natural gas output has kept soaring higher, regularly hitting new monthly highs as volumes of shale oil and gas

Why Canada’s hottest shale play is catching the eye of US producers

December 18, 2025

(BOE Report)– U.S. oil and gas producers in search of fresh drilling territory are looking to expand in Western Canada’s Montney basin, a remote yet massive shale play that is already a hotbed of M&A activity and could see more deals soon, according to executives, analysts and advisors. Extensive drilling in U.S. shale fields over the past 15 years or

India’s ONGC net profit slips 18% as oil prices drop

November 11, 2025

(Oil Price)– Indian state-owned Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas explorer and producer in the country, booked a 17.8% decline in its net profit for the July-September quarter compared to a year earlier as lower oil prices dented crude realizations. ONGC reported $1.11 billion (98.5 billion Indian rupees) in standalone net profit for the second

Eni raises 2025 cash flow guidance after beating Q3 estimates

October 24, 2025

(Oil Price)– Italy’s energy giant Eni (NYSE: E) raised its outlook on cash flow generation for 2025 and increased full-year planned buybacks by 20% after posting consensus-beating earnings for the third quarter. Eni on Friday reported an adjusted net profit of $1.4 billion (1.2 billion euros) for the third quarter of the year, in one of the first quarterly releases from oil

Trump meets with oil execs as U.S. scales down environmental rules

March 20, 2025

(World Oil) – The chief executives of more than a dozen oil companies will deliver a message of gratitude — as well as caution — when they meet with President Donald Trump on Wednesday. Industry leaders say they have plenty of reasons to give thanks. Trump is an unabashed champion of U.S. oil and gas production who has vowed to

Argentina’s shale boom propels it past Colombia in oil output

Why Canada’s hottest shale play is catching the eye of US producers

India’s ONGC net profit slips 18% as oil prices drop

Eni raises 2025 cash flow guidance after beating Q3 estimates

Trump meets with oil execs as U.S. scales down environmental rules

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