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Chevron CEO Michael Wirth on Why Noble Energy Deal is Good for Shareholders
Chevron will buy Noble Energy in a $5 billion stock-swap deal, valuing Noble at 7.6 percent above its Friday close.
Oil & Gas
Texas Oil Regulator Accuses Saudi Arabia and Russia of Dumping Crude on U.S. Markets
Urge the federal government to investigate and take appropriate action against Saudi Arabia and Russia for excessive crude dumping.
Oil & Gas
Russia Delivers First Arctic Oil To Key Ally China
Ensuring a leading position in the exploration and development of the Arctic's huge gas deposits has long been a key part of President Vladimir Putin’s overall
Oil & Gas
Kuwait's Oil Sector Cancels Several Tenders & Projects to Cut Costs
Kuwait Petroleum Corporation and its subsidiaries have started to cancel a large number of unimportant tenders and contracts within the budget of the current fi
Oil & Gas
India to Create its First Overseas Oil Stockpile in US
India is moving to store oil in the US, the first time world’s third-largest oil guzzler is creating an emergency reserve abroad to take advantage of low price
Oil & Gas
Total Secures $14.9 bn to Finance Mozambique Gas Project
French oil giant Total on Friday said it had signed a $14.9 billion financing agreement for a gas project in northern Mozambique.
Oil & Gas
Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise
Oil was down on Thursday morning in Asia as OPEC announced the easing of production cuts after its Joint Ministerial Monitoring Committee meeting on Wednesday.
Oil & Gas
Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’
An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.
Oil & Gas
U.S. LNG Exports Will Fall to 25%
The average US LNG export volume in June was 3.6 billion cubic feet per day, and the average export volume in July.
Oil & Gas
Venezuela Restarts Gasoline Output At Only Operating Refinery
Venezuela's state oil firm PDVSA has resumed gasoline production at the only operating refinery in the country home to the world's largest oil reserves that is
Oil & Gas
The Middle East Nation Reopening its Doors to Iraqi Oil
It will also serve to consolidate the Shia crescent of power falling across the region by dint of Iran, and its prime backers, China and Russia.
Oil & Gas
Oil Rises Slightly Ahead of OPEC+ Meeting
Oil prices rose slightly on Tuesday as OPEC and its allies cut production by more than agreed to in June.
Oil & Gas
U.S. Ups Pressure to Push Venezuela Oil Exports to Zero
“What you will see is most shipowners and insurance and captains are simply going to turn away from Venezuela,”
Oil & Gas
Libya's NOC Blames UAE for Halt to Oil Output, Exports
Libya, with largest oil reserves in Africa, can produce 1.2 million barrels of crude oil per day.
Oil & Gas
China Awards More Non-State Crude Import Quotas
China has issued a third batch of non-state crude import quotas for 2020, sending the amount awarded so far this year more than 10pc above the total for 2019.

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Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd

Oil & Gas Trade

Chevron CEO Michael Wirth on Why Noble Energy Deal is Good for Shareholders

Texas Oil Regulator Accuses Saudi Arabia and Russia of Dumping Crude on U.S. Markets

Russia Delivers First Arctic Oil To Key Ally China

Kuwait's Oil Sector Cancels Several Tenders & Projects to Cut Costs

India to Create its First Overseas Oil Stockpile in US

Total Secures $14.9 bn to Finance Mozambique Gas Project

Oil Down ith OPEC+ Signaling Production Cuts, While U.S.-China Tensions Rise

Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’

U.S. LNG Exports Will Fall to 25%

Venezuela Restarts Gasoline Output At Only Operating Refinery

The Middle East Nation Reopening its Doors to Iraqi Oil

Oil Rises Slightly Ahead of OPEC+ Meeting

U.S. Ups Pressure to Push Venezuela Oil Exports to Zero

Libya's NOC Blames UAE for Halt to Oil Output, Exports

China Awards More Non-State Crude Import Quotas

Saudi Arabia is Looking to Raise the Capacity of its East-West Oil Pipeline to 7 Million Bpd

China’s Crude Oil Imports From Top Supplier Russia Reach New High in 2024

Nigeria Inks Massive Oil Deal With Supermajors

Algeria and Spain in talks to increase gas supply

Iraq Surpasses Saudi Arabia in Weekly Oil Exports to US

Vietnamese PM Holds Working Session with Zarubezhneft Officials During Russia Visit