Crude markets are settling into a prolonged period in which supply disruption is a standing condition rather than a series of ...

The IEA is reporting Russian oil refinery capacity is estimated to be 30% lower as a result of attacks by Ukraine, playing a ...

EOG Resources' COO highlighted slight inflation impacts but emphasized partnerships to manage costs. Murphy 's focus has been ...

The International Energy Agency said oil demand will not return to its prewar level of about 106 million b/d until late 2027, ...

Zhejiang Petroleum & Chemical Co. Ltd. has contracted Lummus Technology to license its proprietary PDH technology for a new 1 ...

Eni Ghana and partner Vitol Upstream Tano Ltd. (Vitol) signed two Memoranda of Understanding (MoU) with the Government of Ghana covering offshore blocks GH WB 3 and GH WB 8 in Ghana’s Tano basin. The ...

At the conference, Chevron reiterated its $7-billion investment plan in Venezuela, focusing on the low-cost barrels, while ...

US crude oil production is projected to hit a record this year, driven by increased output from the Permian basin and Gulf of ...

At 424.1 million bbl, US crude oil inventories are the same as the 5-year average for this time of year, the EIA report ...

Enbridge said the assets will strengthen connections between Rockies production areas and key refining and market centers.

The proposed Nash Storage Hub is expected to include up to five salt caverns with a total capacity of about 57 bcf, starting ...

Shell, QatarEnergy, and Sonangol signed an agreement aimed at evaluating Blocks 8 and 22 offshore Angola, with Shell serving ...