ConocoPhillips Considers Selling Permian Basin Assets Worth Approximately $2 Billion
ConocoPhillips is currently considering selling some of its assets in the Permian Basin to further s...
U.S. Crude Oil Inventories Fall by 9 Million Barrels; Refinery Utilization Rate Reaches 91.0%
The U.S. Energy Information Administration (EIA) released its weekly inventory data for the week end...
Ovintiv Sells Anadarko Basin Oil and Gas Assets to Optimize Portfolio
Canadian energy company Ovintiv Inc. (NYSE: OVV) has entered into a definitive agreement to sell its...
Eni Discovers 500 Million Barrels of Oil Reserves Offshore Angola
Eni has announced the discovery of an offshore oil field in Block 15/06 in Angola, with preliminary ...
BP Extends US Gulf of Mexico Upstream Growth Plan to 2030
As the US energy market shows signs of growth, several energy companies have announced their future ...
TotalEnergies Awards Weatherford Offshore Completion Services Contract in Denmark
TotalEnergies has recently signed a significant multi-year integrated completion contract with Weath...
Aquaterra Energy Secures Spanish Well Decommissioning Contract, Boosting Offshore Plugging and Abandonment Market Growth
UK-based Aquaterra Energy, headquartered in Norwich, has recently secured a multi-million-pound deco...
Western Canada Select Crude Oil Discount Widens to Near One-Year High
On Monday, the discount for Western Canada Select crude oil relative to the North American benchmark...
Shell Adjusts Strategy to Counter Weak Oil Prices: Cuts Spending and Boosts Oil and Gas Output
Shell CEO Wael Sawan recently stated that the company will "focus on what we can control" to address...
Kazakhstan's Crude Oil Exports Drop 30% in January; Increased Flows via Druzhba Pipeline to Germany Fail to Offset Impact of Field Shutdown
Kazakhstan's crude oil exports experienced a significant decline in January, decreasing by nearly 30...