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Crude Oil
Oil & Gas
Venezuela Loads Crude Under Eased Sanctions
Venezuela started loading 250,000 bl of Boscan heavy crude in Bajo Grande, Zulia state, this weekend for export to the US under eased sanctions that allow Chevr
Oil & Gas
New Petrobras’ FPSO Begins Production
Brazilian oil and gas company Petrobras has put into operation its new floating, production, storage and offloading (FPSO) vessel P-71, ahead of the expected st
Oil & Gas
Oil Prices Rise Over $2 On Drawdown In U.S. Crude Stocks
The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus MordantHOUSTON, Dec
Oil & Gas
Oil Rises On Hopes For China's Economy; Recession Fears Limit Gains
The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. November 24, 2019. REUTERS/Angus MordantNEW YORK, De
Oil & Gas
OQ Completes Work On Ras Markaz Crude Storage Terminal
Image courtesy: ONAOman-based OQ, a global integrated energy group, has completed the basic construction works of Ras Markaz crude oil storage terminal whose st
Oil & Gas
China Boosted Crude Oil Storage Even As Refiners Processed More
Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File PhotoLAUNCESTON, Australia, Dec 15 (Reuters) -
Oil & Gas
China Daily Oil Throughput Rises To One-year High In Nov
An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cn
Oil & Gas
TC Energy Restarts Segment Of Keystone Pipeline Unaffected By Oil Spill
Emergency crews work to clean up the largest U.S. crude oil spill in nearly a decade, following the leak at the Keystone pipeline operated by TC Energy in rural
Oil & Gas
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill?
Explainer: What Is The Oil Storage Situation In Canada And U.S. After Keystone Spill? By Nia Williams and Arathy Somasekhar
Oil & Gas
Exxon, Chevron to Spend Billions More on Oil Projects Next Year
The two largest U.S. oil companies - Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N) - disclosed plans to increase outlays on energy projects next year amid h
Oil & Gas
Adnoc and Malaysia's Petronas Join Forces on Abu Dhabi’s Unconventional Onshore Block 1
Award to Malaysia’s national oil and gas company launches Middle East’s first unconventional oil concession
Policy & Regulation
Price Cap on Russian Oil Comes Into Effect
The price cap of $60 per barrel for Russian oil devised by the G7 and supported by the European Union comes into effect today, aiming to curb Russia’s revenues
Oil & Gas
Lukoil Says Its Italian Refinery Will Continue Operations After EU Embargo
Lukoil said on Friday that it is ready to ensure continued operations at the site after the EU embargo on imports of Russian crude by sea takes effect on Decemb
Oil & Gas
Poland Approves $60 G7 Oil Price Cap
Poland has agreed to a $60 price cap on Russian crude oil, Poland’s Ambassador to the EU, Andrzej Sados, said on Friday.
Oil & Gas
Aker BP to Invest $19 Billion in Offshore Oil Projects in Norway
Norway’s oil and gas firm Aker BP approved plans to invest $19 billion in developing new projects offshore Norway by 2028, raising its initial capital expendit
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Most views from Crude Oil
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China’s Recovery in Crude Oil Imports Is More Bearish Than Bullish
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CNOOC's Offshore Gas Field Cluster Around Hainan Island Achieves Annual Oil and Gas Equivalent Output Exceeding 10 Million Tons
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India to Overtake China in Crude Oil Consumption by 2024, 2025
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China’s Crude Oil Imports Highest Since August 2023 on Iranian Surge
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EIA Confirms Turkmenistan’s Rising Oil Reserves
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Nigeria Inks Massive Oil Deal With Supermajors