ConocoPhillips explores $2-billion sale of Permian basin assets
(World Oil) – ConocoPhillips is exploring a sale of some of its Permian basin assets as part of a broader streamlining […]
Commodities
Big oil challenges $5 billion environmental fine in Kazakhstan
(Oil Price) – The international oil companies operating the giant Kashagan oilfield in Kazakhstan have initiated an arbitration process to challenge […]
Oil at six-month high with nuclear talks and US tariffs in focus
(Investing) – LONDON- Oil prices reached a six-month high on Monday as the U.S. and Iran prepared for a third round […]
US natgas prices climb as winter storm batters US Northeast, LNG export flows near record
(BOE Report) – U.S. natural gas futures rose about 1% to a one-week high on Monday on near-record LNG export […]
Crude reacts to rising tensions
(By Oil & Gas 360) – Crude prices are back in motion, with oil posting its first weekly gain of the […]
Wood Mackenzie says Big Oil’s strategy has snapped back to upstream
(Oil Price) – If there was any lingering doubt about what’s keeping Big Oil executives up at night, the fourth-quarter results […]
After years of buybacks, big oil is drilling again
(Oil Price) – After years of prioritizing returning cash to shareholders, oil supermajors are about to do something few expected: turning […]
Saudi Arabia crude exports fall to three month low in December
(BOE Report) – Crude oil exports from the world’s largest oil exporter fell to 6.988 million barrels per day, down […]
Oil prices near six-month highs on concern over potential US-Iran conflict
(Investing) – LONDON – Oil prices rose on Thursday, driven by growing concerns about potential military conflict between the U.S. and […]
The staggering cost of Nigeria missing OPEC+ oil quotas
(Oil Price) – Nigeria’s struggles to pump to its OPEC+ quota over the past year have resulted in a loss […]