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Oil&Gas Drilling
Indonesia Seeks 10 Million Barrels of Oil to Build First Reserve
Indonesia plans to set aside more than 10 million barrels of crude — about a 10th of global daily consumption — over the next decade as a buffer against energ…
Oil & Gas Trade
Exxon Vessels Resume Full Oil Output in Guyana After Pipeline Work
ExxonMobil logo is seen in this illustration taken, October 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing RightsAn Exxon Mobil (XOM.N),…
Oil Price
Oil strengthens as fall estimated in US crude inventories
Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eas…
Oil & Gas Supply
Nigeria’s dangote refinery, others seek 597,700 bpd of oil amid tight supply
Nigerian refineries including the Dangote Refinery have raised their domestic crude requirements for the second half of 2024 to 597,700 barrels per day from 483…
Oil & Gas Supply
US seeks 6 million barrels of oil for strategic petroleum reserve
An oil storage tank and crude oil pipeline equipment is seen during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, U.…
Oil & Gas Trade
Saudi crude oil exports to Chinaset to fall in September sources say
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS/Hamad I Mohammed/File Photo Purchase Licensing Rig…
Oil & Gas Trade
Aramco to Buy Petrorabigh Stake for $700 Million From Sumitomo
A company logo sits on the side of a crude oil storage tank at the Juaymah tank farm at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanur…
Crude Oil
EIA Sees Tighter US Oil Market for 2024, Lowers Price Outlook
Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB…
Oil & Gas Trade
US Buys 4.65 Million Barrels for Emergency Oil Stockpile
The U.S. Department of Energy said on Monday it had finalized a contract to purchase 4.65 million barrels of crude oil for the Strategic Petroleum Reserve, for …
Crude Oil
Motiva Plans to Restart Texas Fcc Over Weekend, Sources Say
Motiva Enterprises plans to begin restarting the gasoline-producing fluidic catalytic cracker (FCC) at its 626,000-barrel-per-day (bpd) Port Arthur, Texas, refi…
Crude Oil
Exclusive: Nigeria’s Dangote Refinery Is Reselling Crude, Sources Say
Nigeria's major Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday.Three of th…
Oil & Gas Trade
Libya’s NOC Denies It Is in Talks to Supply Crude Oil to Nigeria
Libya's National Oil Corporation (NOC) on Sunday denied holding negotiations to supply crude oil to a refinery in Nigeria.A senior executive with Nigeria…
Crude Oil
Oil Prices Rise as US Crude and Fuel Inventories Seen Shrinking
A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/file photo Purchase Licensing RightsFalling U.S. cr…
Crude Oil
Oil Prices Rise on Bigger-Than-Expected Drop in Us Crude Stocks
Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Lic…
Oil & Gas Trade
US Imports of Canadian Crude Hits Record High Following Tmx Startup
A tanker truck used to haul oil products operates at an oil facility near Brooks, Alberta, Canada April 18, 2018. Picture taken April 18, 2018. REUTERS/Todd Kor…
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