Ecuador’s Petroecuador faces new emergency in its main oil pipeline
Nov. 3 (UPI) — The state-owned oil company Petroecuador has declared an emergency in the Trans-Ecuadorian Pipeline System,…
OPEC+ further hikes oil output
With their successive production hikes this year, the key members of OPEC+ are aiming to boost market share…
U.S. Rig Count Falls Despite Record Production
By Julianne Geiger – Oct 31, 2025, 12:10 PM CDT
The total number of active drilling rigs…
bne IntelliNews – Russia faces $50bn annual losses from oil sanctions as Lukoil exits international assets
Russia is expected to lose at least $50bn annually due to oil-related sanctions, as Moscow’s largest private oil…
How Will U.S. Sanctions on Russia Impact OPEC+ Strategy?
The OPEC+ group will decide this weekend on production levels for December, in the first meeting since the…
BP’s US$25bn Five-Field Megadeal In Iraq Is Finally Activated
Back in 2009, British oil and gas giant BP along with its then-Chinese partner China National Petroleum Corporation…
Post-OPEC Angola: The Quota’s Gone, the Decline Isn’t
In December 2023, Angola stunned global energy markets by announcing it would leave OPEC after 16 years of…
from Permian efficiency to Guyana growth
This article first appeared on GuruFocus. Chevron Corporation, which headquarter is in Houston (Texas), is a major oil…
U.S. Oil Growth Shifts from Shale to Gulf
For over a decade, the shale patch has been the engine behind U.S. oil production growth. Now, the…
U.S. Oil Growth Shifts from Shale to Gulf
For over a decade, the shale patch has been the engine behind U.S. oil production growth. Now, the…
Perenco targets expansion into new countries to sustain oil and gas production growth
(Bloomberg) – Perenco SA, owned by the billionaire Perrodo family, is looking for opportunities to enter into new…
Iran’s Oil Boom Continues, Powered by Russian-Chinese Support
Despite ongoing international sanctions and the recent bombing campaign against it by Israel and the U.S., Iran is…