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Crude
Crude Oil
Suncor’s Fourth-Quarter Profit Beats on Higher Oil Output, Fuel Sale Volumes
The Suncor Energy logo is seen at their head office in Calgary, Alberta, Canada, April 17, 2019.Canada's Suncor Energy (SU.TO), opens new tab beat analysts&…
Crude Oil
OPEC Monthly Output Down Following Fire at Iraqi Oil Field
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.OPEC’s oil production edged lower l…
Crude Oil
Ecopetrol, OXY to Drill 34 Wells in Permian Under Development Plan Extension
Ecopetrol S.A. announced that its U.S. subsidiary, Ecopetrol Permian, has reached an agreement with Occidental Petroleum (OXY) to extend its development plan of…
Crude Oil
CNRI, VAALCO Complete Production Phase From Baobab FPSO, West Africa
VAALCO Energy announced a significant milestone in its Côte d’Ivoire Floating Production Storage and Offloading vessel (FPSO) Dry Dock Refurbishment…
Crude Oil
WTI Oil Prices Down as Trump Agrees to Pause Tariffs on Mexico, Canada
A view of an oil pumpjack in a farmer’s field near Kindersley, Saskatchewan, Canada September 5, 2024U.S. West Texas Intermediate (WTI) crude prices were …
Crude Oil
Uzbekistan Notes Decrease in Oil Production in 2024
Uzbekistan’s oil production volume amounted to 713,400 tons in 2024.Data obtained from the country's Statistics Agency reveals that this figure decrea…
Crude Oil
China Aims for Stable Crude Oil Production Above 200M Tons in 2025
Workers perform their tasks at an oil platform in Daqing Oilfield in Daqing, northeast China's Heilongjiang Province, Nov. 25, 2024.China aims for stable cr…
Crude Oil
Another Oil & Gas Discovery of ‘Great Importance’ Springs up Offshore Kuwait
Kuwait Petroleum CompanyKuwait’s state-owned E&P company Kuwait Petroleum Corporation (KPC) has confirmed a large hydrocarbon discovery at an offshore fie…
Crude Oil
Canada’s Stalled $12-Billion Oil Project Takes Step Forward With New FPSO Awards
Illustration of FPSO for Bay du Nord oil projectNorwegian state-owned energy giant Equinor has started the ball rolling to develop its controversial Bay du Nord…
Crude Oil
Algeria Strikes Deal with Chevron to Assess Offshore Oil
Algeria signed an agreement with US energy giant Chevron on Wednesday aimed at assessing potential offshore oil resources in the Mediterranean, according to the…
Crude Oil
Ecuador Eyes $42 Bln in Oil Sector Investments Through 2029
An infrastructure of Ecuador's state-run oil company Petroecuador is pictured outside of Nueva Loja, Ecuador May 3, 2022.Ecuador expects foreign oil compani…
Crude Oil
MODEC’s FPSO Staying Five More Years With Petrobras Offshore Brazil
FPSO Cidade de Angra dos Reis;Brazil’s state-owned oil and gas giant Petrobras has prolonged the assignment of a floating production, storage, and offload…
Crude Oil
China’s Crude Oil Imports May Grow 1% in 2025, CNPC Says
A 3D printed natural gas pipeline is placed in front of displayed CNPC (China National Petroleum Corporation) logo in this illustration taken February 8, 2022.C…
Crude Oil
Aker Solutions Wins Work on vår Energi’s Assets off Norway
Vår Energi's Ringhorne platform.Norway-based energy services provider Aker Solutions has signed a strategic partnership agreement with compatriot oil …
Oil Price
Oil Prices Hold as Trump Declares Energy Emergency
Oil prices were little changed on Wednesday as markets weighed U.S. President Donald Trump's declaration of a national energy emergency on his first day in …
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