API data reveals huge rise in US crude oil inventories
Levels rose by almost 11 million bbl over the last few days, far higher than the previous week.
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Levels rose by almost 11 million bbl over the last few days, far higher than the previous week.
Thailand is set to reinitiate discussions with Cambodia over a lucrative offshore oil and gas field.
According to the US Energy Information Administration, Hurricane Milton is expected to make landfall late Wednesday or early Thursday as a major hurricane on the west coast of Florida with sustained winds of 160 mph, creating the potential for significant disruptions to energy infrastructure.
NOR Offshore Rental (NOR) has made a multi-million-pound investment in Sonardyne products as part of their expansion at NOR Ltd, their UK subsidiary office in Aberdeen.
The oilfield is expected to reach a peak production of approximately 18 800 bpd of crude oil in 2025.
The US Energy Information Administration has released its short-term energy outlook for October.
Energy related emissions are at the cusp of a prolonged period of decline for the first time since the industrial revolution says DNV’s Energy Transition Outlook.
The North African nation has struggled with political instability since the ousting of Muammar Gaddafi in 2011.
The US oil giant has closed its Blind Faith platform and evacuated staff as the category five storm approaches.
Petrobras has reported that the Total Utilization Factor (FUT) of its refineries reached 96.8% in September, representing the highest monthly result in 2024.
TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation contract by bp for its greenfield Kaskida development in the Gulf of Mexico.
CNRL moves into top 25 rankings of global oil and gas producers with purchase, comments Wood Mackenzie.