Oil companies

Crude Oil
EIA Cuts World Oil Demand Growth for 2023
The U.S. Energy Information Administration has slashed its world oil demand growth forecast for next year as President Biden lashed out at oil companies for not…
Natural Gas
Why Overly Confident U.S. Drillers Ditched Their Hedges
Some Big Oil companies are so confident that high oil prices are here to stay that they have completely ditched their hedges.
Oil Price
U.S. Oil Companies’ Cash Flow to Rise by 68% Per Barrel in 2022 - Deloitte
U.S. upstream oil companies are expected to bank 68% higher free cash flows per barrel produced in 2022 as surging prices fuel profits, while output growth ling…
Oil Price
Biden to US Oil Companies: ‘Bring Down Petrol Prices Now’
Crude prices have fallen in recent weeks on fears of a global economic slowdown.
Australia
Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030
Australia's Westpac Banking Corp unveiled its plans on Wednesday to reduce lending to coal, oil and gas companies by nearly a quarter by 2030, joining its peers…
Oil Price
India Mulls Easing Its Windfall Tax as Oil Prices Fall
With oil prices falling on recession fears, India is taking another look at its windfall tax on oil companies, anonymous Bloomberg sources close to the matter s…
Oil Price
Diesel Price for Bulk Esers Hiked Rs 25/litre; Private Retailers Stare at Closure
Petrol pump sales have jumped by a fifth this month after bulk users like bus fleet operators and malls queued up at petrol bunks to buy fuel rather than the us…
Oil Price
Oil Companies to Determine Fuel Prices: Hardeep Singh Puri
Amid the Russia-Ukraine war, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Tuesday said oil companies will determine the fuel prices, even …
Oil Shale
OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket
Officials from the Organization of the Petroleum Exporting Countries on Monday met with executives of several top U.S. shale oil companies at a top U.S. energy …
Crude Oil
Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources
Some Russian oil companies have stopped banking with sanctioned lenders including VTB and Sberbank and switched to those that do not face restrictions, includin…
Crude Oil
Russian Banks' Exclusion from SWIFT to Hurt Indian Oil Companies
Sanctions and exclusion of Russian lenders from the SWIFT system, the most important international payment network, will hurt Indian state-run firms' abilit…
Crude Oil
Libya Considers Bonuses for Oil Companies to Boost Crude Output
Libya may introduce contracts with private oil companies that would give bonuses to those that meet targets and penalize those that don’t, as the OPEC member t…
Crude Oil
Iraq in Advanced Talks with IOCs Over Boosting Oil Capacity to 8 mil b/d by 2027
Iraq, OPEC’s second-biggest producer, is in advanced talks with international oil companies over boosting the country’s production capacity to 8 million b/d b…
Oil & Gas Trade
CNOOC Invites Foreign Firms to Bid for 19 Blocks of Offshore Oil and Gas
CNOOC had inked 228 contracts with 81 oil companies from 21 countries and regions by July, it said.
Oil Field
BP and Lukoil Considering Selling Stakes in Iraq
Oil minister describes country's investment environment as 'destructive' for international oil companies

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Oil companies

EIA Cuts World Oil Demand Growth for 2023

Why Overly Confident U.S. Drillers Ditched Their Hedges

U.S. Oil Companies’ Cash Flow to Rise by 68% Per Barrel in 2022 - Deloitte

Biden to US Oil Companies: ‘Bring Down Petrol Prices Now’

Australia’s Westpac to Slash Lending to Coal, Oil Companies by 2030

India Mulls Easing Its Windfall Tax as Oil Prices Fall

Diesel Price for Bulk Esers Hiked Rs 25/litre; Private Retailers Stare at Closure

Oil Companies to Determine Fuel Prices: Hardeep Singh Puri

OPEC Meet with U.S. Shale Executives at U.S. Energy Conference as Oil Prices Skyrocket

Russian Oil Firms Move Bank Accounts to Keep Business Running- Sources

Russian Banks' Exclusion from SWIFT to Hurt Indian Oil Companies

Libya Considers Bonuses for Oil Companies to Boost Crude Output

Iraq in Advanced Talks with IOCs Over Boosting Oil Capacity to 8 mil b/d by 2027

CNOOC Invites Foreign Firms to Bid for 19 Blocks of Offshore Oil and Gas

BP and Lukoil Considering Selling Stakes in Iraq