Drilling returns to West Africa’s abandoned oil field after 27 years
The move marks a significant revival for a site first discovered in 1969 and last active in 1998,…
Crude Steadies After Volatile Session
Oil closed unchanged after a choppy session as investors assessed whether a prospective deal by the US and…
Sanmar Shipping forays into crude oil transportation business
With the addition of the double-hulled VLCC built in 2007 by Daewoo Shipbuilding & Marine Engineering Co. Ltd…
Canco Petroleum acquires Otter Co-op | Business
Two well-known gas station operators in Penticton have reached a deal that will see Canco Petroleum take over…
Oil minister allays concern over E20 fuel hit to vehicle engines; ethanol crucial for import bill cut, farmers
New Delhi: Petroleum minister Hardeep Singh Puri on Friday dismissed concerns that ethanol-blended petrol was harming vehicles, saying…
U.S. Gas Prices Inch Up to $3.16 as August Begins, Crude Oil Remains Steady – Clarksville Online
Washington, D.C. – Gas prices saw a minor uptick over the past week, with the national average for…
Iran’s Crude Builds as Tankers Drift in Limbo
President Trump’s return to the Oval Office saw US authorities sanction Iranian traders, middlemen and infrastructure with fervent…
Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2025, Par Petroleum (PARR) reported revenue of $1.89 billion, down 6.2% over the…
EOG Chief: Sub-$70 Oil Unmasking E&P ‘Haves and Have Nots’
Sub-$70 oil is further differentiating the E&P “haves and have nots”—the latter consisting of those that haven’t made…
Crude oil prices ended six days of losses on Friday
While US rig count slips, Oklahoma sees a gain in oil and gas drilling activity After…
Special Focus of the Week: Iraq Crude Exports & Dirty Oil Flows
In late July 2025, the United States announced a 25 percent tariff on Indian exports, explicitly citing India’s…
Tethys Petroleum AGM: Major Shareholders Nominate New Board Directors
Tethys Petroleum (TSXV: TPL) has received director nomination notices ahead…