Rosneft Profits Plunge 68% as Oil Oversupply and Sanctions Pressure H1 Results
Rosneft (MCX: ROSN) reported a steep 68% drop in first-half 2025 net income as falling oil prices, widening…
Alnaft, Occidental Petroleum Sign Study Agreements on Hydrocarbon Exploration in Algeria
ALGIERS — The Algerian Agency for the Development of Hydrocarbon Resources (Alnaft) and the U.S. company Occidental Petroleum…
DOE authorizes Strategic Petroleum Reserve exchange to support Louisiana supply | Louisiana
(The Center Square) – The U.S. Department of Energy has authorized an emergency exchange from the Strategic Petroleum…
SOGC launches new tech with up to 95% effectiveness for oil and gas detection
Cunningham Natural Resources Corp. (CNRC) have announced that Aruna Holdings LLC has acquired an eighty percent (80%) ownership…
USGS report points to sizable regional undiscovered gas resource | Western Colorado
A new U.S. Geological Survey national report points to the large amount of estimated undiscovered natural gas lying…
AAA: Average Rhode Island pump price up a penny as crude spikes | National
PROVIDENCE — Northeast pump prices are largely staying put for now despite a sharp rise in crude oil…
OPEC+ announces sharp increase in July oil production | Nation
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production…
South Africa Launches Oil Giant to Revive Energy Sector
South Africa has officially launched the South African National Petroleum Company (SANPC), a new state-owned oil enterprise designed…
Study: Expanding Renewable Energy Does Not Lower Fossil Fuel Production
A new study has found that increasing renewable energy may not necessarily reduce fossil fuel production in the…
Namibia must act on fiscal stability, fast track oil discoveries to retain interest
For Namibia, a newcomer to oil and gas deals, adding a fiscal stability clause to petroleum contracts will…
Average Iowa gas prices continue to rise | Daily Democrat, Fort Madison, Iowa
Average gasoline prices in Iowa have risen 4.8 cents per gallon in the last week, averaging $2.98/g, according…
Is Gavin Newsom changing his tune with the oil industry? | World Business
Gov. Gavin Newsom seems to be taking a friendlier tone toward the petroleum industry, as two refineries recently…