Oil

Oil Price

Oil Prices up 1% on Small Build in US Crude Stocks, Fed Rate Cut Remarks

A flare burns excess natural gas in the Permian Basin in Loving County, Texas, U.S. November 23, 2019. REUTERS/Angus Mordant//File Photo Purchase Licensing Righ…

Natural Gas

Exclusive: Mexico's Pemex, Carlos Slim Team Met to Discuss Deepwater Gas Project, Sources Say

Mexican billionaire Carlos Slim hosts a press conference, in Mexico City, Mexico, February 12, 2024. REUTERS/Henry Romero/ File Photo Purchase Licensing RightsM…

Oil & Gas Trade

Exxon Signals Potential Counter Offer for Hess's Guyana Assets

ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration//File Photo Purchase Licensing RightsExxon Mobil Corp (XOM.…

Oil & Gas Trade

US Democrats Urge Antitrust Regulator to Probe Oil, Gas Mergers

The logo for Occidental Petroleum is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 30, 2019. REUTERS/Brendan…

Oil & Gas Trade

Nigeria's Dangote Wants to Set up Trading Arm for Lagos Mega Refinery

Aliko Dangote, Founder and Chief Executive Officer of the Dangote Group, speaks during the commissioning of Dangote Petroleum refinery in Ibeju-Lekki, Lagos, Ni…

Oil&Gas Drilling

Bangladesh to Invite Bids for Offshore Oil and Gas Exploration

Bangladesh will invite international bidding for oil and gas exploration in 24 blocks in the Bay of Bengal on March 10 in an effort to boost domestic energy pro…

LNG

Exclusive: Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets, Sources Say

A view shows a logo of Shell petrol station in South East London, Britain, February 2, 2023. REUTERS/May James/file photo Purchase Licensing RightsSingapore'…

Carbon Emissions

ADNOC Says AI Added $500 Mln of Extra Value in 2023

A person walks past a Abu Dhabi National Oil Company (ADNOC) poster during the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) in Abu Dhabi…

Oil&Gas Drilling

Canadian Oil Producer Cenovus to Boost Production 19% in Five Years

Cenovus Energy (CVE.TO), opens new tab, Canada’s third-largest oil producer, said on Tuesday it plans to boost energy production by 19% during the next fi…

Carbon Emissions

Biden's Scaled-Back Power Rule Raises Doubts Over US Climate Target

A natural gas flare on an oil well pad burns as the sun sets outside Watford City, North Dakota January 21, 2016. REUTERS/Andrew Cullen Purchase Licensing Right…

Oil&Gas Drilling

Netherlands Won't Permit Gas Drilling in Sensitive Wadden Sea, Government Says

A person walks on ice on the Wadden Sea during the low tide near the island of Schiermonnikoog, the Netherlands, February 28, 2018. REUTERS/Cris Toala Olivares/…

Oil & Gas Trade

Oil Falls 1% on Concerns Over China's Economic Growth Plan

Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/file photo Purchase Lic…

Oil & Gas Trade

Democratic Republic of the Congo (DRC) Seeks to Unlock Estimated 5 Billion Barrels of Oil

With 180 million barrels of proven oil reserves – and up to 5 billion of estimated oil reserves – the Democratic Republic of the Congo (DRC) is emba…

Oil&Gas Drilling

China's Landmark Deep-Earth Borehole Drilling Exceeds 10,000 Meters

A drone photo taken on March 2, 2024 shows the "Shenditake 1" borehole in the Taklimakan Desert in the Tarim Basin, northwest China's Xinjiang Uygur Autonom…

Gas Pipeline

India Sees $4.95 Bln Investment for Natural Gas Network in Kashmir, Northeast

India expects investment of about 410 billion rupees ($4.95 billion) from companies to build natural gas pipeline infrastructure in its northeastern states and …