Harbour Expects to Produce Up To 475,000 Boed This Year
Harbour put its 2025 output guidance at 450,000–475,000 boed, reflecting a full-year contribution from Wintershall Dea assets acquired near the end of 2024 and 'broadly stable production in the UK'.
SC Analysts Define 'Most Important Current Feature' of Oil Market
Analysts at Standard Chartered Bank noted that, in their view, 'the most important current feature of the oil market is positioning'.
Trump Browbeats Davos Elite to Curb Oil Prices, Interest Rates
U.S. President Donald Trump said he would ask Saudi Arabia and other OPEC nations to 'bring down the cost of oil'.
Argentina Logs Biggest Energy Trade Surplus since 2006
Argentina is forecast to do even better this year.
Crude Falls as Trump Calls for Cheaper Oil
Oil prices fell after Trump urged Saudi Arabia and OPEC to reduce crude costs, reviving his tactic of influencing energy markets, with WTI settling below $75.
Minister Says Egypt Cautiously Optimistic Suez Canal Traffic Will Revive
A return to normality for the Suez Canal would be welcome news for Egypt as it looks to emerge from its worst economic crisis in decades.
Freeport LNG Says Liquefaction Production Offline Due to Power Interruption
Freeport LNG's liquefaction production operations have been taken offline, a Freeport LNG spokesperson told Rigzone Wednesday.
Ovintiv Completes $2 Billion Sale of Assets Onshore Utah
Ovintiv completed the divestment of substantially all its assets in the onshore Uinta Basin to FourPoint Resources.
Nigeria's Oil Comeback to Test Its Commitment to OPEC+ Cuts
Analysts predict further growth in Nigeria's output this year.
BMI Says Trump Orders Poised to Have Profound Implications for Energy
The executive orders issued by President Trump are poised to have profound implications for both the U.S. and global energy landscapes, analysts at BMI stated.
Pine Cliff Bags Gas Supply Contract for Alberta Data Center
The financial details of the agreement were not disclosed.
Santos, Tamboran Eye Project to Supply Darwin LNG Extension
Tamboran and Santos Ltd. signed an agreement to explore the potential of supplying a planned second train at Darwin LNG in Australia's Northern Territory using gas from their EP 161 acreage.
Energy Skills Passport Website Launched
'The Energy Skills Passport website is a tool which will enable workers to easily identify which qualifications ... are needed for specific roles in oil and gas and offshore wind'.
Oando Enters Angola with Onshore Award
'Block KON 13 is strategically located in the prolific Kwanza Onshore Basin which represents significant exploration potential in both pre-salt and post-salt plays, with estimated prospective resources of 770 to 1,100 million barrels of oil'.
Cheniere Names New Board Member
W. Benjamin Moreland has been appointed to Cheniere's Audit and Compensation Committees.
CNOOC Aims to Exceed 2 MMboed in Production This Year
CNOOC set a target of raising its net production to over two million barrels of oil equivalent a day in 2025 while keeping capital expenditure at last year's level.
Woodside Sets Annual Production Record despite Q4 Drop
Woodside produced 194 MMboe last year largely thanks to Sangomar.
Sasol Plots New Emission Reduction Route as Gas Plan Teeters
Sasol is falling back on coal after encountering obstacles in its plan to pivot to natural gas and green hydrogen in its path to net zero by 2050.
Oil Prices Slip Amid Tariff Threats and Russia Sanctions
Oil dipped below $76 as Trump's tariff threats and Russian sanctions fueled market volatility.
Venture Global Slashes IPO Price Range by More Than 40 Pct
Venture Global Inc. slashed the marketed range for its initial public offering.
