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Crude
Crude Oil
Fuel Tanker Truck Blast Kills at Least 70 in Nigeria
At least 70 people were killed and more injured in northern Nigeria on Saturday when a petrol tanker truck overturned, spilling fuel that exploded, the country&…
Crude Oil
Naftogaz Group’s Annual Performance: 83 New Wells, Gas Production at 13.9 Bcm
The relevant statement was made by Naftogaz Group’s press service, an Ukrinform correspondent reports.Naftogaz Group not only maintains stability but also…
Crude Oil
EPA Grants West Virginia Class VI Well Primacy
EPA grants West Virginia Class VI well primacyThe US Environmental Protection Agency (EPA) has granted West Virginia primary enforcement responsibility of Class…
Oil Refinery
Dangote Refinery Projects 650,000BPD June, Plans Crude Import
The Dangote Petroleum Refinery is planning to import more crude oil as supply from the Nigerian National Petroleum Company Limited becomes insufficient for fuel…
United Kingdom
BP to Eliminate About 5% of Workforce to Cut Costs, CEO Says
The company has stopped or paused 30 projects since last June.BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 c…
Oil Price
Azerbaijani Oil Moves Upwards in Price
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta grew by $1.22 on January 15 compared to the previous rate, r…
Crude Oil
Chevron Says No Commercial Oil, Gas Found at Namibia Exploration Well
A 3D printed natural gas pipeline is placed in front of displayed Chevron logo in this illustration taken February 8, 2022.Chevron (CVX.N), opens new tab said o…
Crude Oil
US Crude Oil Stocks Excluding SPR Fall to 2-Year Low, EIA Says
The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019.U.S. crude oil stocks excluding th…
Crude Oil
Basrah Crude Prices Surge Over 5% as Oil Markets Recover
Basrah crude oil prices climbed more than 5%.Basrah Heavy crude increased by $3.74, or 5.08%, to $77.30 per barrel, while Basrah Medium crude climbed by $3.79, …
Oil Price
Azerbaijani Oil Prices Decrease
The price of Azerbaijan’s Azeri Light crude oil on a CIF basis in the Italian port of Augusta decreased by $0.97 on January 14 compared to the previous ra…
Oil&Gas Drilling
Amid Improved Output, NUPRC Targets 2.1m Bpd Oil Production in 2025
Emmanuel Addeh in Abuja the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that the agency has set a minimum production target of 2.1 m…
Oil Price
Oil Little Changed as Falling US Stockpiles Outweigh Soft Demand Outlook
Crude oil production in KazakhstanOil prices were little changed on Wednesday, after falling the previous day, as a dip in U.S. crude stockpiles and expectation…
Oil Price
EIA Expects Oil Prices to Be Under Pressure From Oversupply in 2025, 2026
A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023.Oil prices will be under press…
Crude Oil
Guyana Exported 225 Crude Cargoes in 2024
Vessels carrying supplies for an offshore oil platform operated by Exxon Mobil are seen at the Guyana Shore Base Inc wharf on the Demerara River, south of Georg…
Crude Oil
Valeura Posts Record Oil Production in Q4
Valeura's oil production averaged 26.1 million barrels per day during the fourth quarter of 2024.Valeura Energy Inc. has said its oil production average hit…
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