oil production News

BP Anticipates Significant Impact on Q4 Earnings Due to Declining Refining Margins

BP predicts a significant impact on its Q4 earnings due to weaker refining margins, with expected profit reductions and production declines across key segments. The company remains...

Vedanta Group's Massive Rs 1 Lakh Crore Investment in Zinc and Oil Production

Vedanta Group Chairman Anil Agarwal announces plans to invest Rs 1 lakh crore in zinc and oil production, aiming to generate employment for 5 lakh people and develop an industrial ...

Oil Prices Surge as OPEC+ Meeting Looms and Middle East Tensions Escalate

Oil prices continued to increase on Tuesday ahead of the OPEC+ meeting on December 5. The group is expected to defer its scheduled increase in oil production. Geopolitical tensions...