With oil majors increasingly focusing…
Oil prices jumped on Wednesday…
Via AG Metal Miner As the old saying goes, “one man’s crisis is another’s opportunity.” Russia’s invasion of Ukraine and the subsequent sanctions and ruined trade relationships with…
The recent signing by Iraq’s federal government in Baghdad of three long-term oil and gas sector contracts with the UAE’s Crescent Petroleum –…
The massive disparity between China’s enormous economy-driven energy needs and its minimal level of domestic oil and gas reserves meant that the country was the key driver of…
As the Fed and other central banks around the world have raised rates, some areas of the stock market have posted big losses. Tech, for example, and anything to do…
Exxon is considering a change of strategy for Europe because of the windfall taxes governments are using to get some of the money…
Despite high oil prices sending energy company profits soaring over the last year, little of those profits have been reinvested in the oil and gas business. As oil and gas…
Astana is upbeat about boosting oil exports, despite caveats over how the war in Ukraine may impact markets and questions about its recently launched shipments to Europe. Kazakhstan plans to…
Earlier this month, the Energy Information Administration forecasted that oil production in the United States would grow by 590,000 bpd to a total…
OPEC is once again the most influential force in global oil supply – and will be so for the foreseeable future – now that U.S. shale production growth is slowing,…
Oil prices are trading flat on Thursday after two consecutive days in decline as a strike in France, a drop in U.S. crude inventories, and a faltering dollar offset fears…
Crude oil prices moved up today after the U.S. Energy Information Administration estimated an inventory draw of 1.7 million barrels for the week to March 3. This compared with…
The offshore oil and gas (O&G) sector is set for the highest growth in a decade in the next two years, with $214 billion of new project…
India last week stepped up its negotiations with the U.S. aimed at continuing to import as much oil from Russia as it requires, regardless of current and future…
Are we running out of oil? This question has been on the minds of many experts in recent years. The answer lies in the concept of peak oil -…
Offshore oil and gas drilling is a complex process that involves drilling into the seabed to extract oil and natural gas reserves. The process has been used for decades,…
U.S. oil companies have prioritized shareholder returns over future output, resulting in a $128 billion windfall for investors and marking the first time in a decade that drillers…
Several energy firms have developed oil and gas projects in Africa and the Caribbean in recent years as they shift to focus on low-carbon oil and future-proofing their…
The strife-torn Latin American nation of Colombia is facing considerable uncertainty after the first leftist president in the country’s modern history Gustavo Petro embarked upon a plan to end contracting…
The oil industry is a vast and complex field that offers numerous job opportunities for those interested in working there. The oil and gas sector is responsible for producing, exploring,…
The Ukraine-Russia war has rerouted crude tanker flows over the past year, equating to higher profits for shipowners. But the upside is…