ConocoPhillips warns of US crude oil supply plateauing because of low prices
Crude oil supply in the United States will likely plateau and even slightly decline if the price of…
Oil Market Braces for Contango and Shale Slowdown
The prospect of a contango is casting a shadow over oil markets, with the entire 2026 WTI futures…
Basrah crude rises as OPEC prices dip in September
2025-10-14T08:35:20+00:00 font Enable Reading Mode A- A A+ Shafaq News – Baghdad Iraq’s Basrah Medium crude climbed to…
What ExxonMobil’s Comeback in Iraq Really Means
The signing of heads of agreement last week between U.S. energy supermajor ExxonMobil and Iraq’s Oil Ministry is…
Policy Whiplash Leaves Energy Investors Guessing
Earlier this month, a top Shell executive warned that the Trump administration’s animosity towards offshore wind risks complicating…
Govt eyeing more oil service contracts
THE government could award six more petroleum service contracts (PSCs) for oil exploration in different parts of the…
A Geopolitical Analysis of the Imperialist Buildup against Venezuela: A Conversation with Ana Esther Ceceña
Ana Esther Ceceña is a Mexican economist and geopolitical analyst known for her expertise in Latin American affairs.…
Exxon Restarts Key Gasoline Unit After Brief Beaumont Refinery Outage
ExxonMobil has restarted the gasoline-producing fluid catalytic cracking unit (FCCU) at its massive Beaumont, Texas, refinery, two days…
Trump tests Turkey’s energy dependence on Russia with lure of US power
President Recep Tayyip Erdogan is facing growing pressure from Washington to cut Turkey’s heavy dependence on Russian oil…
US Ends LNG Ship Penalty, Sets Tariffs in Escalating Feud
(Bloomberg) — The Trump administration scrapped penalties for US liquefied natural gas companies that were set to take…
Asia eyes cheaper oil as Israel-Hamas ceasefire kindles hope for calm
In the wake of a landmark ceasefire deal between Israel and Hamas, the world’s oil traders are watching…
Anwar Aims to Cut Malaysia Deficit as Oil Revenue Wanes
(Bloomberg) — Malaysian Prime Minister Anwar Ibrahim plans to cut more subsidies and improve tax collection to narrow…