Exxon starts production at fourth floating oil vessel in Guyana
GEORGETOWN (Reuters) -An Exxon Mobil-led consortium began production at a fourth floating production, storage and offloading vessel at…
Ukraine says it strikes Russia’s large Saratov oil refinery
Ukraine’s General Staff said it made a successful drone strike early Sunday on a major refinery in the…
Iran’s Crude Oil is Stacking Up at Sea
Kpler, the commodities and data analysis firm, has calculated that Iran’s stock of crude oil held afloat…
Is International Petroleum’s (TSX:IPCO) Share Buyback and Earnings Beat Shaping Its Growth Outlook?
International Petroleum Corporation recently completed a tranche of its share buyback program, repurchasing 1,821,982 shares for CA$36.62 million…
Cabinet approves Rs 30,000 crore subsidy to oil companies to keep LPG prices stable
The Union Cabinet has approved a subsidy of Rs 30,000 crore for public sector Oil Marketing Companies (OMCs).…
Crude prices fall as tariff threats mount
Crude oil prices stair-stepped lower for the sixth-straight day Apr. 8, 2025, on the heels of the OPEC+…
Oil News: Trump–Putin Outcome Could Be the Trigger for $65.32 WTI Break or Fail
Are Tariffs the New Oil Bear? Fresh U.S. tariffs on multiple trading partners took effect Thursday, raising fears…
ExxonMobil Begins Production from Yellowtail Project Offshore Guyana
US ExxonMobil has commenced production from Yellowtail, its fourth oil development in Guyana’s offshore Stabroek block, four months…
Wall Street week ahead: Investors eye inflation, retail sales, Trump-Putin meet
Wall Street in the week ahead will see key economic data and a meeting between US President Donald…
Belema crude export terminal to boost revenue by $50m monthly — Expert
The nation’s revenue is expected to experience a boost of at least $50 million monthly. This is a…
Badawi Reviews Developments at Alamein’s El Hamra Petroleum Port, Mirroring UAE’s Al Fujairah
Karim Badawi, Minister of Petroleum and Mineral Resources (MoPMR), has paid a field visit at El Hamra…
Nigeria’s Non-Oil Exports Surge to $3.225bn in H1 2025
The Nigerian Export Promotion Council has announced that the country’s non-oil exports climbed to $3.225bn in the first…