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British oil and energy services group Petrofac has seen a spectacular jump in its share price after its suspension from listing was lifted, despite a heavier annual net loss.
British oil and energy services group Petrofac has seen a spectacular jump in its share price after its suspension from listing was lifted, despite a heavier annual net loss.
OPEC+ agrees to increase the United Arab Emirates' oil production quota, allowing them to pump an additional 300,000 barrels per day from January 2025.
OPEC+ agrees to increase the United Arab Emirates' oil production quota, allowing them to pump an additional 300,000 barrels per day from January 2025.
The South African Court of Appeal overturns an earlier decision, allowing Shell and other oil companies to resume offshore exploration on the Wild Coast, subject to further public consultation.
The South African Court of Appeal overturns an earlier decision, allowing Shell and other oil companies to resume offshore exploration on the Wild Coast, subject to further public consultation.
Chinese refiner Rongsheng Petrochemical has acquired its first cargo of Canadian crude oil via the recently extended Trans Mountain pipeline, marking a strategic turning point in its energy supplies.
Chinese refiner Rongsheng Petrochemical has acquired its first cargo of Canadian crude oil via the recently extended Trans Mountain pipeline, marking a strategic turning point in its energy supplies.
Saudi oil giant Aramco is putting $10-12 billion worth of shares up for sale, aimed at financing its Vision 2030 program and diversifying the kingdom's economy.
Saudi oil giant Aramco is putting $10-12 billion worth of shares up for sale, aimed at financing its Vision 2030 program and diversifying the kingdom's economy.
U.S. crude oil inventories fell by 4.1 million barrels, well ahead of forecasts, thanks to increased activity at U.S. refineries.
U.S. crude oil inventories fell by 4.1 million barrels, well ahead of forecasts, thanks to increased activity at U.S. refineries.
Asian refiners want OPEC+ to maintain production cuts to ensure stable oil prices and refining margins
Asian refiners want OPEC+ to maintain production cuts to ensure stable oil prices and refining margins
Saudi Aramco's cancellation of its oil production capacity expansion is impacting rig rental rates in the region.
Saudi Aramco's cancellation of its oil production capacity expansion is impacting rig rental rates in the region.
ExxonMobil announces the reduction of its activities at Port-Jérôme-sur-Seine and plans site sales, despite union pressure.
ExxonMobil announces the reduction of its activities at Port-Jérôme-sur-Seine and plans site sales, despite union pressure.