Saudi Arabia Spends Like Oil’s Still at $90
Saudi Arabia is driving a faster-than-planned oil production ramp-up among the eight OPEC+ members that were keeping a…
Is Shell Sizing Up Oil’s Biggest Power Grab Yet?
BP’s weak first-quarter results and stock underperformance over the past year rekindled speculation that the UK-based supermajor could…
Undiscovered Gas in US Gulf Coast Could Power Nation for 14 Months
An assessment by the US Geological Survey reveals potential undiscovered oil and gas in two formations under much…
US Oil Drillers Slow Activity As Prices Hurt, Even in Permian
By Julianne Geiger – May 09, 2025, 12:21 PM CDT The total number of active drilling rigs for…
Irish-founded Tullow Oil faces $1.4bn refinancing headache amid falling crude prices – The Irish Times
It didn’t take Tullow Oil investors long to get over news in December that the Irish-founded company had…
Shell’s Deepwater Dreams Hit Delay in the Gulf
Shell’s plans to juice output from its deepwater Perdido development in the U.S. Gulf of Mexico just ran…
Iran Says Next Round of US Nuclear Talks Scheduled for
(Bloomberg) — The US and Iran will hold their fourth round of talks over the Islamic Republic’s nuclear…
Indonesia to Cut Fuel Imports From Singapore in Favor of US
(Bloomberg) — Indonesia will cut its fuel imports from Singapore and source supplies from the US and Middle…
A 26-Year-Old Asked to Help Shape Japan’s Climate Goals Has
(Bloomberg) — A 26-year-old solar executive who jolted Japan’s government by making a rare public criticism of the…
Tight Now, Loose Later: Oil Futures Flash Warning
Last week, OPEC+ announced it will once again accelerate the pace of unwinding of production cuts, with output…
‘Historic mistake’: Von der Leyen rules out return to Russian fuels after the war
ADVERTISEMENT Ursula von der Leyen has ruled out, in no uncertain terms, the possibility of resuming purchases of…
Occidental’s diverse portfolio delivers first quarter
Occidental Petroleum has announced better-than-expected first quarter profits, driven by robust production and favourable natural gas prices. The…