Norms for transfer of participating interest among partners in oil, gas eased
Participating interest means, in respect of each party constituting the contractor, the undivided share expressed as a percentage…
Venezuela’s PDVSA Reports $17.5 Billion in 2024 Oil Revenue as Exports Jump
7/12/2025 (Reuters) — Venezuelan state-run PDVSA’s oil sales abroad in 2024 stood at $17.52 billion, according to a…
Crude Oil Surges As Markets Await Trump’s ‘Major’ Statement On Russia
At the time of writing, U.S. WTI crude futures were up nearly 3%, rising $68.5 per barrel. Crude…
Oil Market’s Focus Shifts to Demand as Trump Reignites Trade War
(Bloomberg) — While US President Donald Trump’s chaotic tariff strategy has disrupted the oil market for months, his…
Crude Oil Market Jumps 2% on IEA Assurance
By Adedapo Adesanya Woodhall Finance House, in partnership with the UK Government’s Department for Business and Trade, Polaris…
Crude Prices Jump on Speculation About New US Sanctions on Russian Oil Exports
August WTI crude oil (CLQ25) on Friday closed up +1.88 (+2.82%), and August RBOB gasoline (RBQ25) closed up…
Oil Steadies as Traders Weigh Trump’s Russia Statement,
(Bloomberg) — Oil steadied after falling more than 2% on Thursday as traders shifted focus toward a planned…
Oil and Gas Pipeline Safety Cases Plunge in First Months of
(Bloomberg) — US regulatory actions to ensure oil and gas pipeline safety have plummeted to a record low…
OPEC+ likely to pause output hikes after next meeting, says Goldman Sachs
(Bloomberg) – The OPEC+ oil producer alliance is likely to make its next hike in collective output its…
Petroleum minister Puri talks to Opec about ensuring balance and predictable global oil market
New Delhi: Union petroleum and natural gas minister Hardeep Singh Puri has spoken to Haitham Al Ghais, the…
Oil to remain dominant in global energy mix by 2050: OPEC
Oil is expected to remain the leading energy source in the global mix by 2050, accounting for a…
Why OPEC+ Is Pumping Fast and Playing Hardball
OPEC+ blindsided oil market participants, again, with a larger-than-expected oil production hike for August. Instead of the…