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Petroleum
Nigeria takes major step to producing refined oil – BBC News
By Nkechi OgbonnaBBC News, Lagos9 hours agoImage source, Nigeria presidencyImage caption, The oil refinery in Lagos took nearly seven years to buildThe delivery of…
Rig count claims fourth weekly gain
Drilling activity continues to inch higher, though activity levels remain significantly lower than a year ago.Oilfield services firm Baker Hughes said Friday the…
Oil climbs 2% but still headed for seventh weekly drop
An aerial view shows an oil factory of Idemitsu Kosan Co. in Ichihara, east of Tokyo, Japan November 12, 2021, in this photo taken by Kyodo. Picture taken on…
Another win for oil states? Azerbaijan gets boost in bid to host next climate talks.
Brazil, which has South America’s second-largest oil reserves, is favored to host COP30 in 2025.
Azerbaijan and Armenia — which have fought for control of…
Shell sees $6 billion oil, gas investments in Nigeria, presidency says
The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12,…
CNPC Sees China’s Oil Demand Peaking in 2030 | OilPrice.com
China's state-owned oil and gas giant CNPC has forecast a peak in oil demand coming to China by 2030.The level at which demand is seen peaking is between 780…
Athabasca Oil Announces 2024 Budget and Return of Capital Update
CALGARY, Alberta, Dec. 06, 2023 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or “the Company”) is pleased to announce its 2024 budget…
Saudi Arabia Cuts the Price of Its Flagship Crude for Asian Buyers | OilPrice.com
On Tuesday, Saudi Arabia reduced the official selling price of its flagship Arab Light for Asian buyers in January.This is the first price reduction for the…
FTC Investigates Exxon’s $60 Billion Deal for Pioneer
Updated Dec. 5, 2023 12:49 pm ETU.S. antitrust enforcers are investigating Exxon Mobil’s plan to acquire Pioneer Natural Resources, which would be the largest!-->!-->!-->!-->!-->…