bp Greenlights $5 Billion Tiber-Guadalupe Project in US Gulf
bp, one of the world’s largest integrated oil companies, has made a final investment decision (FID) regarding its…
5 Strategic Trade Corridors Enhancing Energy Security in Africa
With Africa’s oil production projected to reach 7 billion barrels by late 2025, modernizing trade corridors is becoming…
Saudi Arabia Is Ditching Oil Domestically While Exporting Millions, Could Break Global Markets – What It Means For You? | Industry
The kingdom, long synonymous with petroleum, is aggressively reducing its domestic oil consumption by investing heavily in renewable…
Saudi Arabia is losing its appetite for oil: Here’s what it means
You know that horror movie trope where the babysitter gradually realizes the crazed killer is phoning, not from…
Imperial Oil to Cut 20% of Workforce as Crude Prices Drop
(Bloomberg) — Imperial Oil Ltd. plans to trim its workforce by about 20% by the end of 2027…
Petroleum prices likely to increase from October 1 – Pakistan
Petroleum product prices in Pakistan are expected to increase for the next two weeks, starting October 1, 2025.…
Crude oil declines as markets assess impact of US-sponsored Gaza peace plan
Addressing a joint press conference with the Israeli Prime Minister Benjamin Netanyahu (left) at White House on Monday,…
LLOG announces start of production at Salamanca FPU
LLOG Exploration Offshore, L.L.C. reports that it has achieved first production at the Salamanca floating production unit (FPU)…
The Slow Demise of Russian Oil Production
For most of the last decade, OPEC and Russia, collectively referred to as OPEC+, have aligned their interests…
Occidental Petroleum in talks to sell OxyChem unit
New York: Occidental Petroleum Corp is in talks to sell its OxyChem petrochemical unit in a deal worth…
Minister reaffirms govt’s commitment to reforms in petroleum sector
(Web Desk) – Federal Minister for Petroleum Ali Pervaiz Malik has reaffirmed the government’s commitment to structural reforms…
Crude oil dropped on news of another OPEC+ oil increase
Crude oil prices took a 3% hit in Monday’s trading and Oklahoma energy stocks suffered as…