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Crude oil
Crude Oil
US Crude Oil Pipeline Squeeze Boosts Prices At Gulf Coast Export Hub
The difference in prices for U.S. shale oil in West Texas and at Houston has widened in the last two months on dwindling pipeline space to move the crude to the…
Crude Oil
Marathon Oil Cuts 500 Houston Jobs Ahead of ConocoPhillips Takeover
Marathon Oil Corp. warned of a mass layoff involving more than 500 employees at its Houston headquarters as part of the $17 billion takeover by ConocoPhillips, …
Crude Oil
US Oil/gas Rig Count Steady This Week, Pennsylvania Falls To 17-year Low, Baker Hughes Says
U.S. energy firms kept the number of oil and natural gas rigs unchanged this week, with the count falling to a 17-year low in Pennsylvania, energy services firm…
LNG
Exxon Mobil, Qatar Get 3-year Extension To Build Their LNG Plant In Texas
India's Reliance Industries Ltd, operator of the world's biggest refining complex, is restructuring its trading operations, including moving most of its…
Crude Oil
U.S. Crude Oil Stockpiles Fall Unexpectedly
U.S. crude oil stocks fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record …
China
CNOOC Sees Record Oil and Gas Output From Independent Field
China National Offshore Oil Corporation (CNOOC) has revealed a record cumulative production of nine billion cubic metres (bcm) of natural gas and more than 900,…
Oil & Gas Trade
OPEC Trims Its China Crude Demand Forecast, but Nowhere Near Enough: Russell
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, 2022OPEC…
Malaysia
Sabah Sells Sixth Crude Oil Cargo, Secures RM100 Million Revenue
The CCA gives the state greater revenue sharing, greater say and greater participation in the oil and gas value chain in Sabah.Sabah has sold its sixth crude oi…
Crude Oil
Exclusive: Oil Group Mol’s Refineries Shift to Non-Russian Crude Faces Delay
Fuel prices are seen on a board at a gas station of Hungarian oil company MOL Group in Esztergom, Hungary, January 21, 2023. REUTERS/Marton Monus/File Photo Pur…
Crude Oil
One Dead, Several Injured After Leak at Pemex Deer Park Plant in Texas
One person died and several more were injured on Thursday after a chemical leak at Pemex's 312,500-barrels-per-day Deer Park refinery in Texas."The Harris C…
Oil & Gas Supply
US Seeks up to 6 Million Barrels of Oil for Strategic 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 Supply
Over 40% of US Gulf of Mexico Oil Output Shut-in by Francine
About 42% of crude oil production and 53% of natural gas output in the U.S. Gulf of Mexico were shut-in on Thursday in the wake of Hurricane Francine, the U.S. …
Oil & Gas Trade
Iraq’s Oil Exports to US Surpass 46 Million Barrels in Six Months
Baghdad (IraqiNews.com) – In the first half of 2024, Iraq exported more than 46 million barrels of crude oil to the US, according to a report released on Wedne…
Crude Oil
Bohai Oilfield Posts Record-High Crude Oil Daily Output
A full moon is seen over an oil production platform in Bohai Oilfield, Sept. 29, 2023. [Photo/Xinhua]The daily output of crude oil in Bohai Oilfield, China'…
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.…
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