Crude

Oil Pipeline
Nigeria’s Trans Niger Oil Pipeline Bursts, Spills Crude, Rights Group Says
An environmental rights group reported a rupture in Nigeria’s Trans Niger Pipeline, a vital channel for transporting crude oil from onshore fields to the …
Crude Oil
Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures
Chevron Corp, a U.S. oil company, along with several European firms, is engaging with the U.S. administration to secure permissions to maintain their stakes in …
Oil Price
US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear
U.S. crude futures dropped more than $1 in early trading on Thursday after unexpected data showed an increase in U.S. crude oil inventories, sparking concerns a…
Crude Oil
Iraq to Reduce Crude Oil Exports in May and June, Official Says
Iraq intends to export 3.2 million barrels per day (bpd) of crude oil in May and June, according to an Iraqi official familiar with the matter. This volume repr…
Crude Oil
US House Budget Bill Seeks More Than $1.5 Billion for Strategic Petroleum Reserve
A U.S. House committee unveiled a budget proposal on Sunday, allocating over $1.5 billion to restore and maintain the Strategic Petroleum Reserve (SPR), the wor…
Crude Oil
Mexico’s Pemex Plans to Export Less Crude Oil as New Refinery Starts Up, Official Says
Mexico’s state-owned oil company, Pemex, expects to decrease crude oil exports this year as it directs more supply to domestic refineries, particularly th…
Crude Oil
China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish
China, the world’s largest crude oil importer, reported a slight increase in imports for the first four months of 2025, reaching 11.83 million barrels per…
Crude Oil
Oman Considering $8 Billion Sale of Natural Gas Assets, Sources Say
Oman is exploring the sale of a minority stake in natural gas assets within Block 6, valued at approximately $8 billion, to raise funds for state finances and s…
Crude Oil
Petrobras Enriches Brazilian Offshore Reserves With ‘High-Quality’ Oil Find
Brazilian state-owned energy company Petrobras has announced a new oil discovery in the pre-salt Santos Basin, located off Brazil’s southeastern coast. Th…
Crude Oil
Kazakhstan Says It Has No Plans to Cut Oil Production This Month
Kazakhstan’s Energy Ministry, based in Astana, has announced that the country will maintain its oil production at an average of 277,000 metric tons of cru…
Crude Oil
Exxon Plans $1.5 Billion Investment in Nigerian Oilfield
ExxonMobil, a global energy company, plans to invest $1.5 billion in its deepwater operations in Nigeria, according to the Nigerian Upstream Petroleum Regulator…
Kazakhstan
Chinese Company’s Expansion, Upgrade Project of Kazakhstan Asphalt Plant Enters Production
On Monday, a ceremony marked the completion of the expansion and upgrade of the Caspian Asphalt Plant in Aktau, western Kazakhstan. The project, executed by Chi…
Crude Oil
Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows
Mexican state oil company Pemex significantly increased its crude oil exports to Cuba in 2024, boosting shipments by nearly 20%, according to a company filing r…
Crude Oil
Norway Parliament Orders Restart to Frontier Oil and Gas Exploration Licensing
On Tuesday, the Norwegian parliament directed the Labour minority government to initiate a new licensing round for oil and gas exploration in frontier areas, pa…
Crude Oil
With Brazilian Oil Project Approved, BW Energy Sets Sights on Doubling Output by 2028
BW Energy, an Oslo-listed oil and gas exploration and production company, has approved the final investment decision for the Maromba field development in the Ca…

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Crude

Nigeria’s Trans Niger Oil Pipeline Bursts, Spills Crude, Rights Group Says

Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures

US Oil Prices Drop More Than $1 as Inventory Build Raises Oversupply Fear

Iraq to Reduce Crude Oil Exports in May and June, Official Says

US House Budget Bill Seeks More Than $1.5 Billion for Strategic Petroleum Reserve

Mexico’s Pemex Plans to Export Less Crude Oil as New Refinery Starts Up, Official Says

China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish

Oman Considering $8 Billion Sale of Natural Gas Assets, Sources Say

Petrobras Enriches Brazilian Offshore Reserves With ‘High-Quality’ Oil Find

Kazakhstan Says It Has No Plans to Cut Oil Production This Month

Exxon Plans $1.5 Billion Investment in Nigerian Oilfield

Chinese Company’s Expansion, Upgrade Project of Kazakhstan Asphalt Plant Enters Production

Mexico’s Pemex Increased Crude Shipments to Cuba in 2024, Filing Shows

Norway Parliament Orders Restart to Frontier Oil and Gas Exploration Licensing

With Brazilian Oil Project Approved, BW Energy Sets Sights on Doubling Output by 2028