Cenovus to acquire MEG Energy in C$7.9 billion deal in oil sands expansion
(This story has been republished to remove an inaccurate image, with no changes to text) (Reuters) -Canadian oil…
Hungary’s Oil and Gas Output Climbs Further in Early 2025
Hungary’s oil and natural gas production increased again in the first half of 2025, the Energy Ministry and…
Gold Slips as Dollar Firms
Gold slipped on Friday due to a firmer dollar, with markets awaiting…
Woodside Boosts Production in First Half
Woodside Energy Group Ltd. reported half-year production of 548 thousand barrels of oil equivalent per day (boepd), or…
US Sanctions Networks, Vessels For Dealing In Iran Oil
The Trump administration on Thursday issued more Iran-related sanctions, targeting 13 entities based in Hong Kong, China, the…
Hungary says won’t be dragged into war after attack on pipeline bringing Russian oil
Crude oil deliveries from Russia to Hungary via the Druzhba pipeline have been halted after a reported attack…
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Viral restaurant in Japan serves phirni, murukku and more in true Indian style, owner wears saree. Watch The…
Venezuelan Oil Imports Resume Under New Chevron
Two tankers chartered by Chevron carrying Venezuelan crude reached U.S. waters on Thursday, marking the first U.S. imports…
US and UK each impose fresh sanctions on Iran, with focus on Iranian oil exports
The Trump administration issued more Iran-related sanctions on Thursday, targeting 13 entities based in Hong Kong, China, the…
Crude oil prices fall despite fading Russia-Ukraine peace prospects
Crude oil futures traded lower on Friday morning despite fading prospects for a Russia-Ukraine peace deal. At 9.57…
Stock Analysis | Marathon Petroleum Outlook
1. Market Snapshot Headline takeaway: Marathon Petroleum is in technical neutrality, with a wait-and-see stance as of August…
Nigeria Aims for 2.5mbpd Oil Output by 2026
The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, has declared that the country is firmly on…