Macquarie Strategists See 'Healthy USA Crude Build' in Next EIA Report
That EIA report is scheduled to be released on May 7 and will include data for the week ending May 2.
Hess Logs Lower Quarterly Profit on Weaker Oil
Hess reported $559 million in adjusted net income for Q1, down about 42 percent from the same three-month period a year ago as lower oil prices offset higher natural gas prices.
Chevron Cuts Buybacks and Exxon Sits Tight as Oil Plunges
Big Oil is finding it increasingly difficult to maintain share buybacks.
Shell Shows Its Strength by Sticking to Plans Amid Oil Downturn
Shell Plc stood out from its peers.
ADNOC Announces App Launch
'The innovative app will enable smarter engagement for businesses with ADNOC', the company said.
Saipem Lands Liverpool Bay CCS Job
Eni awarded Saipem a contract for the CO2 electrical compression station of its Liverpool Bay CCS project.
Naftogaz More Than Doubles Profit for 2024
The Ukrainian state-owned oil and gas company reported about $913.28 million in net profit for last year, up 64 percent from 2023 as natural gas production grew.
Is $100 Oil Possible In 2025?
Rigzone talks to Carole Nakhle, the Chief Executive Officer of London based consultancy Crystol Energy.
Equinor Sells Majority Stake in Brazil Field for $3.5B
Brazil's Prio will become the sole owner of the producing oilfield in the Campos Basin.
OPEC Output Down in April
OPEC's crude production fell last month despite the group's long-awaited plans to increase, with much of the reduction stemming from looming U.S. sanctions on Venezuela.
European Commission Backs Nine Renewables Projects in Finland, Estonia
The awarded projects will install a total of 445.65 MW of capacity expected to be commissioned by 2028.
Graham Says He Has Broad Senate Support for New Russia Sanctions
'The goal is to help the president,' Lindsey Graham, a South Carolina Republican, told reporters Wednesday.
Oil Rebounds on Trump Sanction Threats
US oil jumped 1.8% after Trump warned of secondary sanctions on Iranian crude buyers.
BP to Supply Woodside's Louisiana LNG
Woodside tapped BP for the supply of up to 640 Bcf of gas for the U.S. Gulf Coast project.
IPR Announces 'Significant Hydrocarbon Discovery' in Egypt's Western Desert
IPR Energy Group announced 'another significant hydrocarbon discovery' in the Yidma field.
CNOOC Ltd Quarterly Profit Down YoY on Lower Prices
CNOOC Ltd.'s production rose year-on-year to 188.8 MMboe in Q1.
USA Crude Oil Inventories Drop Week on Week
Crude oil stocks, not including the SPR, stood at 440.4 million barrels on April 25, the EIA's latest weekly petroleum status report showed.
Houston-Based HYCO1 Signs MoU with Malaysia LNG for CCU Project
The carbon capture and utilization (CCU) project will be located in Bintulu in Sarawak, Malaysia.
INEOS to Supply LNG for Covestro Operations in Europe
The British diversified conglomerate will supply the German major polymer materials producer with LNG for up to eight years from 2027.
USA, Ukraine Sign Resources Deal After Fraught Negotiations
The U.S. and Ukraine reached a deal over access to the country's natural resources.
