Petroleum sector seen as crucial
THE petroleum sector remains the backbone of our economy, according to Kumul Petroleum Holdings Limited acting managing director…
Eni resumes offshore exploration in Libya
Libya’s state-owned National Oil Corporation (NOC) has confirmed that Eni’s North African subsidiary has restarted exploration work in…
OPEC+ Limits Oil Hike As Oversupply Fears Grow
This article first appeared on GuruFocus. OPEC is taking a cautious step forward. The oil alliance agreed to…
ExxonMobil makes massive bet amid shakeup
ExxonMobil—the second largest oil and gas company by market cap and fourth largest by revenue—is engaged in a…
Nigeria’s Ministry of Petroleum Resources named ‘Reformer of the Year’ at 2025 African Energy Week – EnviroNews
– Advertisement – Nigeria’s Ministry of Petroleum Resources has been named Reformer of the Year at the African Energy Week:…
South Bow explores increasing crude exports after Carney raises Keystone XL revival with Trump
Open this photo in gallery: Prime Minister Mark Carney and U.S. President Donald Trump in Washington on Tuesday.…
Oil Price Forecast – Crude Oil Rises 1% to $66.25 as Cushing Inventories Hit 7-Year Low
Crude Oil (WTI CL=F, Brent BZ=F) Rises to One-Week High as Cushing Stocks Tighten, OPEC+ Limits Output, and…
CME : WTI Crude oil futures rallied more than 1.5%. Natural Gas futures fell nearly 5%.
WTI Crude Oil futures rallied more than 1.5% despite an outlook for a global oversupply that could lead…
US Crude Oil Inventories Surge, Sending Mixed Signals Through Global Markets
US crude oil inventories have seen a significant and unexpected surge in early October 2025, with commercial crude…
Crude oil futures settle at $62.55
The price of crude oil is settling at $62.55. That is up $0.82 or 1.33%. The high for…
Shell Signals Energy Trading Rebound in Boost for Profit
(Bloomberg) — Shell Plc said the performance of its oil and gas trading operation recovered in the third…
Crude Prices Rally on Energy Demand Optimism
November WTI crude oil (CLX25) today is up +1.04 (+1.68%), and November RBOB gasoline (RBX25) is up +0.0187…