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Oil & Gas
Barclays Sees Crude Surplus in Near-Term, Cuts Brent Price View
Barclays lowered its Brent price forecasts on Tuesday by $8 per barrel for 2022 and 2023, as it expects a large surplus of crude oil over the near-term due to "
Oil & Gas
Switzerland Considers Switching to Oil for Power Plants
Amid a looming energy crisis, Switzerland could turn to oil for electricity production in the winter in case of an emergency, Swiss Energy Minister Simonetta So
Oil & Gas
It’s Time for an Oil and Gas Boom in Africa
There are plenty of promising oil and gas opportunities in Africa, but the global transition away from carbon-intensive energy sources makes it a controversial
Oil & Gas
The Burgeoning Energy Partnership Between Azerbaijan and the EU
As the European Union continues to pursue new sources of energy to replace Russian oil and gas, it is expanding its energy partnership with Azerbaijan.
Oil & Gas
Saudi Aramco Profit Soars on Higher Prices and Refining Margins
State oil giant Saudi Aramco on Sunday reported its highest quarterly profit since the company went public in 2019, boosted by higher oil prices and refining ma
Oil & Gas
Gulf Of Mexico Oil Outages Balloon Beyond Shell
At least two other oil majors shuttered their Gulf of Mexico platforms on Friday following a leak in the Fourchon booster station, shutting down the flow of cru
Oil & Gas
IEA Sees Higher Oil Demand This Year
IEA: global crude oil demand will rise by 2.1 million bpd.
Oil & Gas
EIA Lowers U.S. Oil Production Forecast
The Energy Information Administration has lowered its forecast for crude oil production for this year and next, according to a new report.
Oil & Gas
Japan Intends to Keep Stake in Sakhalin-1 Oil Project - Industry Minister
Japan intends to keep a stake in the Sakhalin-1 oil and gas project in Russia, industry minister Koichi Hagiuda said on Monday, after Russia temporarily banned
Oil & Gas
Adnoc Drilling Secures Contracts Worth $3.4BN to Boost Offshore Capacity
Contracts to help company expand its offshore drilling activities and boost production capacity
Oil & Gas
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
Oil prices slid about 4% on Wednesday to almost six-month lows, after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week and as OPEC+
Oil & Gas
BP Profit Triples on Soaring Energy Prices
Oil company reveals profits increased to a 14-year high.
Oil & Gas
As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production
Oil production in Libya has hit 1.2 million barrels per day, the level the country was producing prior to its declaration of force majeure in April, according t
Oil & Gas
More Oil Discoveries Boost Guyana’s Offshore Boom
Guyana has seen a string of oil discoveries, quickly positioning it as one of the world’s hottest offshore drilling locations.
Oil & Gas
Guyana Poised to Break $1 Billion in Oil and Gas Revenue This Year
Guyana’s government oil and gas revenue is set to surpass $1 billion in 2022.
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Most views from Crude Oil
1
Adnoc Drilling Secures Contracts Worth $3.4BN to Boost Offshore Capacity
2
Oil Falls to Nearly 6-Month Lows After Surprise U.S. Crude, Gasoline Build
3
BP Profit Triples on Soaring Energy Prices
4
More Oil Discoveries Boost Guyana’s Offshore Boom
5
IEA Sees Higher Oil Demand This Year
6
As Political Deadlock Simmers, Libya Hits 1.2M Bpd Oil Production
