Mosman Oil and Gas announces commencement of Vecta Project drilling
Mosman Oil and Gas, the helium, hydrogen and hydrocarbon exploration, development and production company, has announced the spudding of the first…
Halliburton, Schlumberger Brace for the Next Oil Slump
U.S. oilfield service majors had a good run after the pandemic lockdowns ended. Demand for oil rebounded strongly,…
Aramco Debt Nears 3-Year High as Oil Plunge Strains Earnings
(Bloomberg) — Saudi Aramco’s net debt rose to the highest in almost three years, piling pressure on the…
US Oil Drillers Slow Activity As Prices Hurt, Even in Permian
By Julianne Geiger – May 09, 2025, 12:21 PM CDT The total number of active drilling rigs for…
Iran Says Next Round of US Nuclear Talks Scheduled for
(Bloomberg) — The US and Iran will hold their fourth round of talks over the Islamic Republic’s nuclear…
Indonesia to Cut Fuel Imports From Singapore in Favor of US
(Bloomberg) — Indonesia will cut its fuel imports from Singapore and source supplies from the US and Middle…
A 26-Year-Old Asked to Help Shape Japan’s Climate Goals Has
(Bloomberg) — A 26-year-old solar executive who jolted Japan’s government by making a rare public criticism of the…
Occidental’s diverse portfolio delivers first quarter
Occidental Petroleum has announced better-than-expected first quarter profits, driven by robust production and favourable natural gas prices. The…
Spain’s Blackout Wiped €400 Million Off Economy, Top Bank
(Bloomberg) — Spain’s biggest ever blackout wiped almost €400 million ($454 million) off the economy, according to an…
Shale Major Sees U.S. Oil Production Peaking
Onshore crude oil production in the United States has peaked, Diamondback Energy has said, expecting output to start…
Shell Is Studying Merits of BP Deal as Rival’s Stock Slumps
(Bloomberg) — Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc, though it’s…
Germany’s Red Tape Creates a Berlin-Sized Hole in Energy
(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of…