Mitsui's STATS Group Makes Leadership Change
Leigh Howarth will be replaced by Stephen Rawlinson, currently STATS Group's director for North America and global sales director.
Venezuela Authorities Arrest Two Senior Energy Officials
The arrest of vice minister for oil Erick Perez and vice minister for gas Juan Santana followed the detention of a former oil minister amid a probe into billions of lost PDVSA revenue.
EU Gas Storage Nearly 60 Percent Full at End of Heating Season
The 27-member bloc has also stored 70.6 Bcf of gas in Ukraine.
Japan's Mizuho Invests $3.64MM in Bison's CCS Project in Alberta
Bison's Meadowbrook CCS Hub project, located near Edmonton, Alberta, aims to develop a world-scale storage operation with a capacity of three million tons of CO2 per annum.
Trafigura Makes Management Changes as Long-Serving Members Retire
Global commodities player Trafigura will see two of its long-serving high-ranking officials depart this year.
Petrobras Chairman Suspended
A court suspended Petroleo Brasileiro SA's government-appointed chairman for alleged conflicts of interest.
USA, Venezuela Secretly Meet in Mexico as Oil Sanctions Deadline Nears
U.S. officials met secretly this week with members of Venezuelan President Nicolás Maduro's administration.
Oil Rises as Israel Braces for Iranian Attack
Oil rose as Israel braced for a possible attack from Iran, a development that would threaten major disruptions in a region that accounts for a third of the world's crude output.
Macquarie Strategists Warn of Large Oil Price Correction
Macquarie strategists said they 'expect oil to turn bearish as the year progresses'.
Energean Completes Chariot Morocco Farm-In
Energean has completed a farm-in to Chariot Limited's acreage offshore Morocco.
Canadian Green H2 Project Gets Environmental Green Light
Project Nujio'qonik will be Canada's first commercial green hydrogen/ammonia producer created from over three gigawatts of renewable electricity through wind projects.
Biden Plans Sweeping Effort to Block Arctic Oil Drilling
The initiative, set to be finalized within days, marks one of the most sweeping efforts yet by Biden to limit oil and gas exploration on federal lands.
BLS Flags Gasoline Role in March Consumer Price Index
'The index for shelter rose in March, as did the index for gasoline'.
Colombia's GeoPark to Acquire Stakes in Argentina's Neuquen Basin
The agreed acquisition price is around $200 million, plus an additional carry of $110 to 120 million over a two-year period, associated with certain exploration activities.
EIR Says Oil Demand Will Not Peak Before 2030
'EIR expects global oil demand to grow to approximately 108 million barrels per day by 2030'.
Bayou Bend CCS Taps Sulmara for Geo Survey
'The quality of the data gathered is some of the best we've seen from a USV'.
IEA Warns Attacks on Russia Refineries May Disrupt Diesel Market
Ukrainian drones have ramped up attacks on Russia's oil industry this year in an attempt to disrupt fuel supplies to the military and curb the Kremlin's revenue.
Woodside Reconsiders Sale of Macedon, Pyrenees Assets
The Australian integrated energy company started a process in the second half of 2023 to consider the potential for divestment of its interests in the assets.
Exxon CEO Pay Climbed 2.8 Percent to $36.9MM Last Year on Pension
Exxon Mobil Corp. Chief Executive Officer Darren Woods' pay climbed 2.8 percent to $36.9 million last year.
Oil Falls as Surging Stockpiles Outweigh Iran Risk
Oil gave up the previous day's gains as swelling US stockpiles overshadowed the possibility of an attack on Israel by Iran or its proxies.
