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Crude Oil
Oil & Gas
BP to Eliminate About 5% of Workforce to Cut Costs, CEO Says
The company has stopped or paused 30 projects since last June.BP Plc is eliminating 4,700 positions internally, about 5% of its workforce, and more than 3,000 c
Oil & Gas
Chevron Says No Commercial Oil, Gas Found at Namibia Exploration Well
A 3D printed natural gas pipeline is placed in front of displayed Chevron logo in this illustration taken February 8, 2022.Chevron (CVX.N), opens new tab said o
Oil & Gas
US Crude Oil Stocks Excluding SPR Fall to 2-Year Low, EIA Says
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.U.S. crude oil stocks excluding th
Oil & Gas
Basrah Crude Prices Surge Over 5% as Oil Markets Recover
Basrah crude oil prices climbed more than 5%.Basrah Heavy crude increased by $3.74, or 5.08%, to $77.30 per barrel, while Basrah Medium crude climbed by $3.79,
Oil & Gas
Guyana Exported 225 Crude Cargoes in 2024
Vessels carrying supplies for an offshore oil platform operated by Exxon Mobil are seen at the Guyana Shore Base Inc wharf on the Demerara River, south of Georg
Oil & Gas
Valeura Posts Record Oil Production in Q4
Valeura's oil production averaged 26.1 million barrels per day during the fourth quarter of 2024.Valeura Energy Inc. has said its oil production average hit
Oil & Gas
China Expands Operations Across Iraq’s Huge West Qurna 1 Oil Field
The history of the Middle East since the 1990s has been in many aspects been defined by China’s need to secure sufficient energy to power its economic gro
Oil & Gas
Well Malfunction Causes Bowman County Spill
A malfunction in a well caused produced water and crude oil to spill in Bowman County.State regulators said about 235 barrels of produced water and 15 barrels o
Oil & Gas
Norway Hits New Annual Gas Production Record
Norway's natural gas output set a new record in 2024 with 124 billion standard cubic meters sold, according to the country's upstream regulator.Norway&r
Oil & Gas
Kazakhstan Imposes Fine on Major Oil and Gas Company
One of Kazakhstan's largest oil and gas companies, Mangistaumunaigaz, has been fined 32 billion tenge ($60 million), Trend reports via the General Prosecuto
Oil & Gas
In Key Breakthrough, Nuprc Data Confirms Nigeria’s 1.5 Million Bpd OPEC Oil Output
Emmanuel Addeh in Abuja Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria’s crude oil production reached 1.5 million ba
Oil & Gas
BP Projects 44 per Cent Jump in Oil Output From India’s Largest Field
Global energy major BP (BP.L) has pledged to lift oil production by 44 per cent and gas output by 89 per cent from India’s largest field off its west coas
Oil & Gas
SLB Awarded Multi-Region Deepwater Contracts by Shell to Support Capital-Efficient Energy Development
Global energy technology company SLB has been awarded a series of major drilling contracts by Shell to support capital-efficient energy development across its d
Oil & Gas
Looking for More Oil at Kuparuk River
Development at West Sak, the heavy oil accumulation at the Kuparuk field on Alaska's North Slope, is in the news a lot these days, but Kuparuk operator Cono
Oil & Gas
Dangote Refinery Builds Eight More Tanks for Imported Crude
The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.A report by Africa Report has it that the r
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Most views from Crude Oil
1
Turkmenistan Expands Oil Production at Uzynada Field
2
Russia’s Rosneft Reports 70% Fall In 9-Month Net Income
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Venezuela Approves 15-Year Extension of Russia-Linked Oil Joint Ventures
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EIA Confirms Turkmenistan’s Rising Oil Reserves
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Chevron, European Firms Lobby to Keep Stakes in Venezuela Oil Joint Ventures
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Iran Clears Oil Spill in Northern Gulf Region
