Court Affirms Petrofac Creditor Arrangement
A court has upheld a voluntary arrangement between energy engineering company Petrofac…
TotalEnergies Expands Production Capacity at Brazilian Offshore Field
TotalEnergies has significantly increased its production capacity at the Lapa field, located…
Update: Analyst Warns of 'Big, Big Risk' for Oil Over Weekend
Title: Analyst Flags Significant Oil Market Risk Ahead of Weekend Oil market…
Petronas Announces Significant Offshore Find in East Java
Malaysian state-owned energy giant Petronas has announced a new oil and gas…
Federal Lease Sale Concludes with Substantial Bids
The Department of the Interior (DOI) recently announced the results of its…
U.S. Crude Inventories Climb
U.S. crude oil inventories, excluding the Strategic Petroleum Reserve (SPR), stood at…
U.S. Plans Major Oil Reserve Release
The Trump administration has announced a significant plan regarding the nation’s oil…
Energy Secretary Addresses Oil Price Outlook Amid Geopolitical Concerns
U.S. Energy Secretary Chris Wright stated on Thursday that global oil prices…
Oil Markets Show Divergent Signals Amid Geopolitical Tensions
The global crude oil market shows a significant divergence. Two primary price…
Update: How Have US Presidents Tapped Strategic Petroleum Reserves During War?
Title: U.S. Taps Oil Reserve in Coordinated Global Effort Presidents' wartime decisions:…