Will oil prices rise amid escalating geopolitical tensions and fears of a global economic slowdown?
Read today's market analysis on behalf of Rania Gule, Senior Market Analyst, XS.com
Browse the latest oil & gas news news and articles.
Read today's market analysis on behalf of Rania Gule, Senior Market Analyst, XS.com
Reuters reported that oil prices rose on news of monetary stimulus from China while another hurricane threatened supply in the US.
The US Energy Information Administration reports that cash from operations in 1Q24 has decreased due to lower natural gas prices.
The addendum is for the Azeri-Chirag fields and the deepwater portion of the Gunashli field (ACG) in the Azerbaijan sector of the Caspian Sea.
With methane emissions at near record levels, the IEA, UNEP and EDF have unveiled a new framework to report progress in reducing emissions by oil and gas companies.
Empire Petroleum Corporation has fixed the close of business on 30 September 2024 as the record date for a proposed subscription rights offering.
Saudi Arabia exported 5.7 million bbl/d of oil in July, the lowest level since August 2023, official data has revealed.
The US will continue to supply natural gas to North-West Europe as the region continues its decarbonisation efforts.
Initial development of Unit 1B formally approved and on track for 1Q25. Export of initial oil cargo on track for end of 2024.
Woodside Energy will contribute US$50 000 to the Bayou Community Foundation in support of relief efforts following Hurricane Francine.
The US Energy Information Administration (EIA) does not directly survey petroleum consumption; instead, it calculates a similar concept called product supplied from its surveys that span the US petroleum industry. Although it uses petroleum product supplied interchangeably with petroleum consumption, the two are not identical.
TotalEnergies announces the start of production from the Fenix gas field, located 60 km off the coast of Tierra del Fuego in Southern Argentina.