U.S. West Texas Intermediate (WTI) crude fell 22 cents, or 0.2% to US$120.71 a barrel at 0353 GMT, while Brent crude futures eased 25 cents, or 0.2%, to US$122.02 a barrel
Nigeria has vowed to sanction oil and gas companies that fail to comply with the Human Capacity Development provisions contained in the country’s Oil and Gas Industry Content Development Act.
A Biden statement attempting to address May inflation data contained harsh words—both for the oil industry as a whole and Exxon specifically.
The number of total active drilling rigs in the United States rose by 6 this week, after drilling increases stalled out in the week prior, according to new data from Baker Hughes published on Friday.
Tullow Ghana has confirmed the discovery of a new gas reserve, estimated to hold between 1.5 and two trillion cubic feet (TCF) of the hydrocarbons offshore Cape Three Points in the Western Region.
ExxonMobil stock saw a more than 2% boost in share prices on early Wednesday trading, marking a significant comeback for an oil giant that has recently fallen out of favor with Wall Stree
Yinson Holdings and partner Sumitomo Corporation have held the naming ceremony of the Anna Nery FPSO
The US government has agreed to provide USD 10 million to prevent an oil spill from an aged FSO offshore Yemen
Oil falls from 3-month high.
Partial lockdowns in Beijing and Shanghai spark fears of new dip in crude demand
After two years of regular oil discoveries in Guyana, it seems its deep waters may hold even more crude, adding to its reputation as the next big oil-producing state.