Saudi Arabia Lowers Crude Price for Asia
Saudi Arabia has implemented a significant reduction in the price of its…
Shell Pauses Kazakhstan Projects Over Legal Claims
Shell has decided to pause its oil and gas investments within Kazakhstan.…
Canadian Crude Market Grapples with Oversupply Signals
The Canadian crude market currently exhibits clear signals of oversupply. Widening discounts…
TotalEnergies Bolsters Namibian Offshore Exploration Interests
TotalEnergies announced plans to acquire a significant operated interest in an offshore…
Phillips 66 Announces Layoffs Ahead of Los Angeles Refinery Closure
Phillips 66 plans to lay off 277 employees as it prepares for…
Alaska Reserve Lease Sale Scheduled by Administration
The Trump administration announced an auction for oil and gas drilling rights.…
Mexico Weighs Fuel Aid to Cuba Amid U.S. Tariff Warnings
Mexico is actively exploring ways to supply fuel to Cuba. This initiative…
U.S. Energy Secretary Plans Venezuela Visit
U.S. Energy Secretary Chris Wright revealed plans on Friday, February 6, for…
IEA Projects Robust Electricity Demand Growth, Clean Energy to Cover Nearly Half
The International Energy Agency (IEA) has projected a substantial increase in global…
Update: ConocoPhillips seeks Venezuela compensation before resuming drilling
ConocoPhillips has declared its immediate priority in Venezuela. The company seeks the…