News

The start-up of an offshore well caused zinc contamination in Mars crude, Chevron said on Friday, leading to the tightening ...
The US Energy Information Administration (EIA) has revised its forecast for US crude oil production further downwards, ...
The total number of active oil and gas drilling rigs in the United States has decreased again this week, alongside a dip in ...
Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...
BP's second-quarter results are expected to be impacted by lower prices received for gas and oil, while its upstream output ...
Russia’s oil and gas revenues plunged 14% in June year-on-year, with budget income hitting its lowest since January 2023 ...
Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...
Ethiopian Prime Minister Abiy Ahmed recently announced that his country will supply domestically produced natural gas to the ...
India's crude oil production has decreased to 28.7 MMT in FY25, maintaining a self-sufficiency of 12.3%. LNG imports ...
If the Trump administration's decisions on ecomonic sanctions moving forward are consistent with the harsher-than-expected tariff rates we've seen announced this week, then there is a "small but poten ...