OPEC+ nations are trying to reach consensus on how to adjust their oil production next month, with either a modest or more substantial supply increase possible, delegates said https://t.co/kq9uu2frE5 ...

Calgary, Alberta and Houston, Texas--(Newsfile Corp. - September 22, 2025) - PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF) ("PetroTal" or the "Company") provides the following operational update.Key HighlightsBretana output temporarily impacted by technical issues, with four wells currently shut-in due to leaks in production tubing.Group production has averaged 18,805 bopd to date in Q3 2025, including 16,750 bopd in the first two weeks of September.PetroTal is moving a service rig to Bretana by the ...

President Irfaan Ali leads a state which will soon produce more oil per inhabitant than anywhere else https://t.co/YkTiovoBWZ ...

Alberta’s oil production rose to a record 4.32 million barrels a day in July as oil sands companies boosted output from well sites to fill the expanded Trans Mountain pipeline https://t.co/wIgbdbY2VT ...

Core Insights - Exxon Mobil Corporation (XOM) has made a significant oil discovery of nearly 11 billion barrels offshore Guyana, marking the largest find globally in the last 15 years [2][6] - The company is currently operating three projects in Guyana, producing approximately 650,000 barrels per day, with plans to have eight projects online by 2030, targeting a total production of 1.7 million barrels of oil equivalent per day [2][6] - In the Permian Basin, XOM is utilizing advanced technology to enhance oil recovery, aiming for a production increase from 1.6 million barrels of oil equivalent per day to 2.3 million by the end of the decade [3][6] Company Performance - XOM's stock has seen a decline of 1.2% over the past year, contrasting with a 2.9% increase in the broader industry [5] - The company's current valuation stands at a trailing 12-month enterprise value to EBITDA (EV/EBITDA) ratio of 6.98, which is higher than the industry average of 4.29 [7] - The Zacks Consensus Estimate for XOM's earnings in 2025 has been revised upward in the past week, indicating positive sentiment among analysts [8]

Oil Production - Angola's oil production decreased to below 1 million barrels per day [1] - This is the first time Angola's oil production has fallen below 1 million barrels per day since it left OPEC two years ago [1]

Norway’s monthly oil production jumped to the highest in over a decade last month, following the ramp-up of Equinor ASA's new Johan Castberg field in the Barents Sea https://t.co/oVZZOJpc20 ...

The US is going to pump even less oil in 2026 that previously estimated, as lower prices sends production down from this year’s record levels https://t.co/Y9meCpQRav ...

America’s shale revolution turned it into the world’s largest oil producer. But the country’s shale fields are now ageing. The next chapter in the growth of the global oil industry may take place to its south https://t.co/86r0qItej2 ...

Oil Production and Exploration - Brazil, a major oil producer, surpasses the United Arab Emirates in oil production [1] - Brazil's oil boom is projected to peak in the next few years, with production declining from the early 2030s [1] - Petrobras plans a major offshore exploration campaign near the Amazon [1] Global Oil Demand and Supply - The world needs to discover more oil to ensure stable supplies during the transition to cleaner fuels [2] - Even with declining global demand from the 2030s, the world will require 18 million barrels per day in 2040, exceeding current US production levels [2] - Consultancy Ricead Energy projects a global demand of 18 million barrels per day in 2040 [2] Location Context - The exploration campaign is planned near Berlin, a city of 1.3 million people, located near the Amazon [1]