In a statement posted on its website, the Bureau of Ocean Energy Management (BOEM) announced “another major step toward expanding…
Browsing: Middle East
Vitol Group and TotalEnergies SE are hoovering up key North Sea crude supplies, part of the biggest spate of activity…
U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve (SPR), decreased by 3.5 million barrels from the…
Turkey signed a deal with Chevron Corp. on Thursday to jointly explore for oil and gas around the world, the…
Mexico’s Petroleos Mexicanos reduced its debt to the lowest level in 11 years, a hopeful sign for the struggling state-owned…
The U.S. is projected to produce almost a quarter of the world’s petroleum and other liquid fuels output in 2026…
(Update) February 5, 2026, 11:32 AM GMT: Article updated. Shell Plc profits slumped in the fourth quarter, undershooting expectations as…
Oil edged higher as traders parsed conflicting reports on the status of nuclear talks between the US and Iran, clouding…
Eneos Holdings Inc. plans to expand its team to handle more oil-derivative trading at its overseas offices including Singapore, as…
The Russian government’s oil revenues collapsed to the lowest in more than five years in January as weaker global prices,…