Brent crude oil is gathering its positive strength- Analysis-05-12-2025
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The (USDCHF) price settled with strong gains in its last intraday trading, retesting 0.8040 resistance, supported…
DOE’s National Petroleum Council Releases Report on Gas-electric Coordination
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Enap signs long-term contracts, for US$12bn, to supply itself with crude from Argentina
This press release was published in English using an automatic translation system Enap Enap and the companies YPF,…
New OPEC Plan Sets Off a Global Race for Spare Capacity
The OPEC+ producers kept their targeted production unchanged for early next year when they met this weekend for…
Ohio lawmaker’s bill aims to increase oil refining capacity
WASHINGTON, D.C. — As the Trump administration tries to steer the U.S. away from developing new renewable energy projects,…
Saudi Arabia cuts crude oil prices for Asia to 5-year low amid rising signs of surplus reserves — here are the details
Organisation of the Petroleum Exporting Countries (OPEC) member Saudi Arabia has slashed its crude oil selling price to…
Kazakhstan’s Oil Output Drops 6% After Damage Cuts CPC Export Capacity
Kazakhstan’s oil output has fallen sharply after damage at the Caspian Pipeline Consortium (CPC) export terminal disrupted flows,…
End-of-year: Petroleum Stakeholders Tasked With Safety, Patience
By Joy Akinsanya Stakeholders in the petroleum sector have been called upon to prioritise safety and avoid impatience…
This week in Toledo history – Dec. 7-13
By Lou Hebert | Special to The Press Dec. 7 1894: Two men are shot and killed in…
Oil Swings as Signs of Oversupply Begin Materializing in Market
(Bloomberg) — Oil swung in a choppy trade as investors weighed a price cut on Saudi Arabia’s main…
Petroleum dealers beg Gov. Soludo to address harassment by revenue agents
Petroleum Dealers Association of Nigeria (PEDAN), Anambra State chapter, has appealed to GovGovernor Chukwuma Soludo to address their…
Global leaders convene at World LNG Summit & Awards 2025 in
Celebrating its 25th anniversary, the World LNG Summit & Awards has officially launched in Istanbul, uniting global energy…