OILPRICE
- OILPRICE ( Middle East ) 2024/5/3
Shares in names like VW, Mercedes and Stellantis were lower this week, heading into Wednesday's session, after news of "falling demand" in E...
- OILPRICE ( Middle East ) 2024/5/3
Exxon Mobil Corporation has finalized its acquisition of Pioneer Natural Resources, marking a monumental milestone in the energy sector. Wit...
- OILPRICE ( Middle East ) 2024/5/3
The UK’s North Sea Transition Authority (NSTA) offered on Friday another 31 licenses for North Sea exploration in the final tranche of the 3...
- OILPRICE ( Middle East ) 2024/5/3
The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes publis...
- OILPRICE ( Middle East ) 2024/5/3
Chevron is repairing a mechanical fault in a turbine at one of the three LNG production trains at its Gorgon LNG facility in Australia, with...
- OILPRICE ( Middle East ) 2024/5/3
Over 3,000 tonnes of gold were produced globally in 2023. In this graphic, Visual Capitalist's Marcus Lu lists the world’s leading countries...
- OILPRICE ( Middle East ) 2024/5/3
TC Energy Corporation reported on Friday an increase in comparable earnings for the first quarter of 2024 versus the same period last year,...
- OILPRICE ( Middle East ) 2024/5/3
Bearish sentiment is building in oil markets after the latest U.S. economic data sparked concerns over demand. Rising oil inventories and a...
- OILPRICE ( Middle East ) 2024/5/3
OPEC convened a workshop today to address oil overproduction issues and devise comprehensive compensation plans to make up for previous over...
- OILPRICE ( Middle East ) 2024/5/3
Commodity giant Glencore has held early internal discussions about making a potential approach for mining giant Anglo American, which has ju...
- OILPRICE ( Middle East ) 2024/5/3
Officials from the G7 group of the world’s most industrialized nations are privately admitting that an all-out seizure of frozen Russian ass...
- OILPRICE ( Middle East ) 2024/5/3
Oil prices have dipped to their lowest levels in nearly two months, with U.S. West Texas Intermediate (WTI) and Brent crude being particular...
- OILPRICE ( Middle East ) 2024/5/3
1. Shell Remains on the Right Track to Recovery - UK-based energy major Shell was one of the rare oil companies to surpass analyst expectati...
- OILPRICE ( Middle East ) 2024/5/3
A limited supply of heavy crude is pushing up heavy crude oil prices and refining costs globally, which could raise costs for shipping and r...
- OILPRICE ( Middle East ) 2024/5/3
Amid a lack of signs of easing the tensions in the Red Sea and the Suez Canal, disruptions to global shipping in the area could last into ne...
- OILPRICE ( Middle East ) 2024/5/3
The Tory government will allow oil and gas companies to explore offshore areas slated to house wind power installations, the Guardian has re...
- OILPRICE ( Middle East ) 2024/5/3
Pioneer Natural Resources reported weaker financial results for the first quarter of the year on lower natural gas prices as the company pre...
- OILPRICE ( Middle East ) 2024/5/3
Crude oil prices inched up earlier today but remained on course for yet another weekly loss after the U.S. Federal Reserve signaled once aga...
- OILPRICE ( Middle East ) 2024/5/3
Saudi Aramco is the biggest investor in artificial intelligence in the oil industry. The fact was recently revealed in a report by GlobalDat...
- OILPRICE ( Middle East ) 2024/5/3
A U.S.-based biotechnology firm is using carbon-eating bacteria to turn emissions from steel mills, refineries, and other heavily polluting...
- OILPRICE ( Middle East ) 2024/5/3
Last year, profits in the oil industry were noticeably lower than in the previous year. Pretty much everyone in oil and gas booked a decline...
- OILPRICE ( Middle East ) 2024/5/3
A wide range of organisations and communities are battling against oil majors and winning, as governments worldwide start putting the enviro...
- OILPRICE ( Middle East ) 2024/5/2
Asian crude oil imports fell in April from March, according to estimates by LSEG Oil Research, suggesting sluggish growth in Asia’s crude pu...
- OILPRICE ( Middle East ) 2024/5/2
The looming threat of cyberattacks from China is intensifying in the United States. Already, incidences of attacks from Chinese spy agencies...
- OILPRICE ( Middle East ) 2024/5/2
While 'hard' data has been improving recently (albeit then downwardly revised a month later), it is the 'soft' survey data that has collapse...