As revenues grow, ExxonMobil and Chevron pour cash at investors

Both corporations have avoided having to boost their capital investment to fund drilling and development.

Despite reduced oil and natural gas volumes, ExxonMobil and Chevron declared record earnings on Friday, returning billions of dollars to shareholders following record crude prices a...

Oil and Natural Gas Discoveries in 2021 Reach Lowest in Decades

Oil and Natural Gas discoveries all over the world have reached their lowest full-year level in 2021 for the past 75 years. The decline has been obvious since 2020.

Volumes discovered by November totaled 4.7 billion boe with no major discovery during the first three weeks of December. T...

SURVEY STATES 6 PERCENT FALL IN INDIA'S OIL PRODUCTION

HIGHLIGHTS

• Coal and Crude Oil have maximum share in the Indian energy consumption.
• Production of petro products/refinery products fall by 13.5% during APR-DEC FY21.
• Oil production reduced in India due to pandemic caused by coronavirus.
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