Petroleum remains the lifeblood of global industries, powering transportation, manufacturing, and countless innovations. In 2025, the petroleum market is witnessing ...

The petroleum industry in 2025 stands at the crossroads of geopolitical changes and evolving supply chain dynamics. Nations are vying ...

The petroleum industry has always been a cornerstone of global energy, but 2025 marks a critical juncture. With sustainability, technology, ...

Crude oil prices rose for the third consecutive session on Wednesday, driven by China’s plans to boost its economy, potential ...

SLB’s OneSubsea™ joint venture has secured a groundbreaking contract with Petrobras to deliver two cutting-edge subsea raw seawater injection (RWI) ...

Shell Offshore Inc., a subsidiary of Shell plc, has made an exciting announcement about its continued commitment to energy production ...

Global oil supply has seen a notable increase, climbing by 290,000 barrels per day in October, reaching approximately 102.9 million ...

The African Energy Chamber (AEC) has officially endorsed the Congo Energy & Investment Forum (CEIF), a groundbreaking event set to ...

India is making transformative strides in the energy sector to meet increasing demand and strengthen its global position. With ambitious ...

India’s Oil and Natural Gas Corporation (ONGC) is making headlines with its strategic plan to build two advanced offshore jack-up ...

Africa’s largest refinery, the Dangote Refinery in Nigeria, is making headlines as major global oil traders, including Vitol, Trafigura, and ...

Angola’s LNG project is gearing up for a major expansion, with new supplies of natural gas expected in the coming ...

October marks the sixth consecutive month of lower imports compared to 2023. China’s crude oil imports continued to decline in ...

APA Corporation cites higher tax burdens and regulatory uncertainties as primary reasons for the decision. In a significant development for ...

Oil prices have pulled back from their highs on geopolitical tensions, but there is still a risk of supply disruption ...

Saudi Arabia’s decision to reduce crude production will help OPEC+ (includes OPEC members along with Russia) to manage the inventory ...

India continues to boost imports of Russian crude oil as Russia continues to be the single largest crude supplier to ...

(WO) – Peru’s government can’t find board members to lead its struggling state-owned oil company more than five weeks after ...

(WO) – Petrobras is pushing to extract as much oil as possible from its existing fields in Brazil while simultaneously ...

Oct 9 (Reuters) - Geopolitical risk premium gauges in the oil market have decreased slightly this week, following sharp increases ...

(WO) – Iran suffered an oil leak just a few miles from Kharg Island, its top export terminal in the ...

CAPE TOWN, Oct 9 (Reuters) - South Africa's liquefied petroleum gas (LPG) business is poised for a boom, industry executives ...

(WO) – CNOOC Limited announced that the Liuhua 11-1/4-1 oil development offshore China has commenced production. The project is located ...

(Bloomberg) – Total Energies SE is assembling a fleet of Deepwater rigs, support vessels and drilling crews offshore Suriname in ...

(WO) – According to the Norwegian Offshore Directorate, Equinor and its partners have made an offshore oil and gas discovery ...

LONDON - OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far ...