USA crude oil inventories surged nearly 9 million barrels week-over-week.
U.S. crude inventories (excluding SPR) rose 8.7M barrels from Jan 24 to Jan 31, per…
Denmark increases scrutiny of ships transporting Russian oil.
Denmark will tighten inspections of Russian oil ships in its straits to safeguard the environment…
CNOOC: World’s largest buried hill oilfield now producing.
CNOOC has started production at Bohai Bay’s Bozhong 26-6, the world’s largest buried metamorphic hill…
Quebec Signals Openness to LNG, Oil Projects Following Trump’s Threats
Quebec, which has long opposed new oil and gas pipelines, may reconsider its stance in…
Egypt Signs $3B LNG Deals with Shell, TotalEnergies
Egypt, the most populous Arab nation, became a net gas importer again last year, scrapping…
Nigeria’s oil output dropped by 60,000 barrels per day in January, affecting OPEC’s production.
OPEC’s oil output fell for the second month in January, dropping 50,000 bpd to 26.53…
Africa Energy Summit: Leaders pledge transformation with $50B support
Thirty African leaders pledged reforms to expand reliable, affordable power, signing the Dar es Salaam…
ABL to Offer MWS Services for Saipem’s Libyan Offshore Gas Project
ABL will provide MWS services to Saipem for Libya’s Bouri Gas Utilisation Project, supporting transport…
TotalEnergies signs renewable power deal with STMicroelectronics.
TotalEnergies signed a 15-year renewable PPA with STMicroelectronics, delivering 1.5 TWh of green power from…
Oil dips as Trump’s Iran stance, output boost plans shake market.
Oil dips as Trump’s vow to cut prices outweighs Iran sanctions push.WTI fell 0.6% below…