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Crude oil
Crude Oil
Turkmenistan Expands Oil Production at Uzynada Field
Turkmenistan’s Türkmennebit State Concern has achieved a substantial rise in hydrocarbon production at the Uzynada oil and gas condensate field, foll…
Crude Oil
Russia’s Rosneft Reports 70% Fall In 9-Month Net Income
Rosneft (ROSN.MM), Russia's leading oil producer, announced on Friday that its net profit for the first nine months of 2025 dropped sharply by 70% compared …
Crude Oil
Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures
Venezuela’s National Assembly approved a 15-year extension of the joint ventures between state-owned Petróleos de Venezuela S.A. (PDVSA) and a subs…
Crude Oil
Chevron, Phillips 66, Total Win India’s First Tender to Buy US LPG
Indian state refiners have jointly awarded their first long-term tenders to Chevron, Phillips 66, and TotalEnergies Trading SA to import U.S. liquefied petroleu…
Crude Oil
Petronas Gets Two New Exploration Blocks Offshore Suriname
Petronas has increased its offshore exploration presence in Suriname to eight blocks following the execution of two new production sharing contracts for Blocks …
Crude Oil
Exxon Mobil Names Gregory Garland to Board of Directors
Exxon Mobil Corp. (XOM.N) announced on Wednesday that it has appointed Gregory Garland, a long-time industry executive, to its board of directors, effective Nov…
Oil Refinery
Mexico’s Pemex Pumps Less, Refines More in Third Quarter
Mexican state energy company Pemex reported reduced crude oil extraction but increased refining activity in the third quarter, according to its Monday announcem…
Crude Oil
Texas Pipe Producer Wins Contract for Mexico’s First Deepwater Oil Development
Texas-based Tenaris has secured a major contract to supply casing and tubing for Mexico’s first deepwater oil development project, Trion, located in the P…
Crude Oil
First Oil Flows From Offshore Project in Southeast Asia Ahead of Schedule
Vietsovpetro, the Vietnam–Russia joint venture between PetroVietnam and Zarubezhneft, has achieved first oil production from the BK-24 wellhead platform a…
Crude Oil
China’s Sinopec Upgrading Xinjiang Refining and Chemical Projec
China’s Sinopec has launched construction work to upgrade its integrated refining and petrochemical project in Xinjiang, the company announced on Saturday…
Crude Oil
Russian Oil Output Rises in August, OPEC Data Shows
Russian oil production rose in August to 9.173 million barrels per day, an increase of 50,000 barrels per day compared with July, according to OPEC’s mont…
Crude Oil
India Will Keep Buying Russian Oil, Finmin Says
India’s Finance Minister Nirmala Sitharaman said on Sept. 5 that the country will continue to purchase Russian oil, noting the importance of securing ener…
Crude Oil
Colombia’s Oil and Gas Production Fall in July
Colombia’s oil and natural gas output declined in July compared with the same period last year, the National Hydrocarbons Agency announced in a statement …
Crude Oil
WoodMac Deems Recent US Oil Find as Gulf of America’s Biggest Discovery in Eight Years
Talos Energy has announced a significant oil discovery at the Daenerys prospect in the Walker Ridge area of the Gulf of America, marking a notable achievement i…
Crude Oil
Orlen Signs 12-Month Deal With Equinor for Supply of 15% Oil It Uses
Polish refiner Orlen has entered into a one-year agreement with Equinor, a Norwegian energy company, to supply over 6 million tons of crude oil. This contract, …
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