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The US Department of Energy suspends the planned purchase of 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) in Louisiana, adjusting its strategy in the face of high crude prices.
The US Department of Energy suspends the planned purchase of 3 million barrels of oil for the Strategic Petroleum Reserve (SPR) in Louisiana, adjusting its strategy in the face of high crude prices.
Last week, U.S. crude oil inventories rose, while gasoline reserves fell sharply, indicating robust demand.
Last week, U.S. crude oil inventories rose, while gasoline reserves fell sharply, indicating robust demand.
The Taneco refinery in Russia was the target of the farthest drone strike from Ukraine to date, illustrating the company's increased operational capability.
The Taneco refinery in Russia was the target of the farthest drone strike from Ukraine to date, illustrating the company's increased operational capability.
Alaska maintains its oil production while paving the way for significant increases, through new projects by ConocoPhillips and Santos.
Alaska maintains its oil production while paving the way for significant increases, through new projects by ConocoPhillips and Santos.
Oil prices hit a record high, propelled by supply concerns and tensions between Israel and Iran.
Oil prices hit a record high, propelled by supply concerns and tensions between Israel and Iran.
UK regulator announces emissions plan to close offshore oil and gas installations, sparking industry criticism.
UK regulator announces emissions plan to close offshore oil and gas installations, sparking industry criticism.
In the week ending Friday March 22, US crude oil and gasoline inventories rose significantly, defying analysts' forecasts.
In the week ending Friday March 22, US crude oil and gasoline inventories rose significantly, defying analysts' forecasts.
Industrial profits in China rise, but uncertainties over stimulus measures weigh on oil prices.
Industrial profits in China rise, but uncertainties over stimulus measures weigh on oil prices.
Washington is targeting the Iranian network to curb the financing of regional activities via the trade in energy products.
Washington is targeting the Iranian network to curb the financing of regional activities via the trade in energy products.
CNOOC is focusing on domestic exploration and expanding its international business, while moving cautiously ahead with the energy transition.
CNOOC is focusing on domestic exploration and expanding its international business, while moving cautiously ahead with the energy transition.