ABU DHABI, June 1, 2023 – Saudi Aramco has signed multiple contracts with Chinese geophysics services giant BGP for onshore and offshore seismic surveys, Upstream Online reported on Wednesday.
COUNSELOR, N.M. (AP) — Members of the Navajo community have complained to Samuel Sage for years about the noise and vibrations that rattle their homes.
Starting today, U.S. oil will be part of the Brent crude basket that underlies the world’s most traded benchmark contract.
Despite a long history of being Latin America’s best-managed national oil company Colombia’s Ecopetrol is swamped by uncertainty. For over a decade, the integrated energy major has been battling to significantly expand its scant proven oil reserves.
Crude oil prices turned around on Thursday, erasing most of the week’s earlier losses despite the latest EIA report that indicated crude oil inventories rose more than expected.
Crude oil prices moved higher moments before the Energy Information Administration reported an inventory build of 4.5 million barrels for the week to May 26.
Iraq, OPEC’s second-largest oil producer, exported on average 3.3 million barrels per day (bpd) of oil in May, flat compared to April, according to the Iraqi oil ministry.
Oil prices recorded big declines on Thursday, with WTI and Brent crude down 3% on the intraday session as debt ceiling jitters overcame optimism about another round of OPEC+ production cuts.
MAPUTO, May 24, 2023 – TotalEnergies has published a humanitarian report outlining an action plan to boost local aid and restart its USD 20-billion onshore LNG project in Mozambique, the French energy giant announced on Tuesday.
BRAZZAVILLE, May 25, 2023 – Chevron has begun the sale process for its oil and gas assets in the Republic of Congo, Reuters reported on Thursday.