The Biden administration has formally rejected an offer by environmental activists to phase out oil and gas production on federal…
Browsing: Lubricants
Frontera Energy Corp. and its majority shareholder CGX Energy Inc. have announced their second oil discovery in the Corentyne block…
Eni SPA has signed an agreement with Perenco Energies International Ltd to divest several oil permits from the Italian company…
Brent crude posted its longest period of quarterly losses in data dating back more than three decades amid robust supplies…
Trading of Middle East oil derivatives on a closely watched platform that helps set crude benchmarks and shape actual cargo…
Petrofac announced on Friday that ADNOC has awarded the company a $700 million engineering, procurement and construction project. In a…
Centrica Plc increased capacity at the UK’s largest gas storage site, providing a bigger safety cushion for the coming winter…
The second quarter has not been the most exciting quarter for oil price dynamics. That’s what Standard Chartered analysts said…
OPEC members earned about $888 billion in net oil export revenue last year. That’s what the US Energy Information Administration…
Billionaire Warren Buffett’s company bought nearly 2.14 million common units in Occidental Petroleum Corp. this week for an estimated $122.1…