Concerns of a Global Supply Glut and Weak Energy Demand Hammer Crude Prices
November WTI crude oil (CLX25) on Thursday closed down -1.30 (-2.10%), and November RBOB gasoline (RBX25) closed down…
Newsom’s Concessions to Oil Industry Will Not Save It
Access to adequate supplies of gasoline and diesel fuel for Californians is in dire peril, and the signing…
Oil Sector Divestments Added 200,000 bpd to Nigeria’s Crude Output – THISDAYLIVE
•Seeks greater integration amid $4tn in Africa’s domestic capital •Says continent spends over $120bn annually on hydrocarbons imports …
New Mexico – Targa’s, Enterprise’s and MPLX’s Sour-Gas-Related Assets in the Northern Delaware
The handful of midstreamers that have built out and/or acquired the sour gas treatment facilities, acid gas injection…
Supermajors Slim Down to Protect Shareholder Payouts
The world’s biggest international oil and gas firms are accelerating layoffs this year in search of further cost…
Türkiye’s state petroleum company to operate 2 oil fields in Kazakhstan
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BP Seeks Partner for Brazil Oil Discovery – Energy News, Top Headlines, Commentaries, Features & Events
RIO DE JANEIRO, Oct 2 (Reuters) – BP (BP.L), opens new tab will seek a partner for its…
Occidental Petroleum sells OxyChem to Berkshire Hathaway for $9.7B
Summit Global Investments CIO David Harden discusses how Berkshire Hathaway stock hit a record high on ‘The Claman…
Nigeria Lost About 16% of Oil Output During 3-Day Dangote
(Bloomberg) — Nigeria suffered significant crude and gas production losses after a three-day oil workers’ strike that threatened…
Navigating the Energy Transition with a Strategic Pivot
Occidental Petroleum (NYSE: OXY) is a prominent international energy company currently undergoing a significant strategic transformation, with its…
Iraqi exports trending up as Ceyhan loadings resume
A tanker loads crude at the Turkish port of Ceyhan in May 2015. (STAFF/Iraq…
Crude Prices Extend Slide on Oversupply and Energy Demand Concerns
November WTI crude oil (CLX25) today is down -0.70 (-1.13%), and November RBOB gasoline (RBX25) is down -0.0263…