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YUCHENGCO-LED PetroEnergy Resources Corp. (PERC) said it expects to complete its drilling campaign in offshore Gabon, West Africa, later this year, aiming to increase oil field pro...
Big Oil and offshore Britain Channel News brendan 14th April 2026 Teaser Media
The U.S. is increasingly reliant on the Middle East for the specific base oils that comprise most modern motor oils and lubricants.
See how the world’s 20 largest oil and gas companies stack up by market cap, from Saudi Aramco and Exxon Mobil to Shell, PetroChina, and Chevron.
Oil producers anticipate robust earnings for the March quarter due to soaring crude prices. Conversely, fuel retailers and city gas firms face weaker results. Higher crude oil pric...
Baker Hughes, Halliburton and SLB, key drivers of oil and gas project cargoes, say infrastructure repair in the Middle East and supply diversification moves outside the region shou...
The output marks a rise of around 70 per cent from last year's 705 barrels per day, as the state-run company steps up domestic production amid supply uncertainty due to tensions in...
• Says it signals investor confidence in Nigeria’s energy sector •Local refineries key to hitting 2m bpd oil output, states PETAN Peter Uzoho in Houston, Texas The Nigerian Upstre...
MUSCAT: Having invested in excess of $700 million across its upstream oil and gas assets in the Sultanate of Oman to date, US-based exploration and production firm PetroTel Energy....
Shell, which recently announced the acquisition of Canadian oil and gas producer ARC Resources, cut its quarterly share buyback and raised its dividend.
BP, long the laggard among oil supermajors, is emerging as the sector’s top stock during the Iran war as it reaps “exceptional” trading profits.
KUALA LUMPUR, April 2 — Petroliam Nasional Bhd (Petronas) is working with the relevant authorities to secure domes...
Nigeria’s oil, pumped from its own soil, is systematically routed away from its own shores Read Full Article at RT.com
Calls steep diesel price reduction corporate setback, systemic shock
Energy experts say the bid to create an oil industry in Queensland is expensive and complex, but the “prize is very big”.
Continued high oil and gas prices affect the cost of mobility and the various industrial and petrochemical products, down to fertilizers resulting in a higher cost of farming. Elec...
The Department of Energy secures a huge volume of oil. According to the Department of Energy (DOE), the Philippines has already secured about 165.7 million liters of diesel. Due to...
The companies get a new day in federal court after a state jury ordered Chevron to pay upward of $740 million to clean up damage to the state’s coastline.
Brings DI-3 well onstream under 6 months Emmanuel Addeh in Abuja Within six months of achieving first oil on the Dawes Island Field, indigenous operator Petralon Energy has, thro...
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