LONDON (Bloomberg) - BP and PetroChina formed a joint venture to manage the giant Rumaila field in Iraq, an operating structure the British oil major has adopted in other parts of the world .........
see more >>MEXICO CITY (Bloomberg) --Pemex left investors with more questions than answers after it announced in late July that it would be disclosing its greenhouse gas emissions on a more regular bas.........
see more >>(Bloomberg) --Oil in New York surged by the most since April amid a broader market rebound after the longest stretch of declines in nearly two years. The U.S. crude benchmark climbed nearly .........
see more >>MOSCOW (Bloomberg) --The era of cheap natural gas is over, giving way to an age of far more costly energy that will create ripple effects across the global economy. Natural gas, used to gene.........
see more >>(Bloomberg) --Irans oil comeback, already taking longer than many traders expected, will be further complicated by last weeks deadly drone attack on a tanker in the Gulf of Oman, which the U.........
see more >>WASHINGTON - Despite volatility in global oil markets, U.S. crude oil exports reached a record high in 2020. So far this year (as of July 9, 2021), U.S. crude oil exports have averaged 3.00 .........
see more >>(Bloomberg) - OPEC and its allies agreed to gradually add more oil supplies to the market, ending a two-week spat between Saudi Arabia and the United Arab Emirates. The unusually public disp.........
see more >>(Bloomberg) --Oil fell for a second day after a surprise jump in U.S. gasoline stockpiles tempered signs that the American market has returned to robust health. Futures in New York slid near.........
see more >>(Bloomberg) --Oil surged to the highest in more than a year as the market looks ahead toward an accelerating decline in global inventories and a comeback in demand. Futures in New York climb.........
see more >>(Bloomberg) --Rising oil prices and a weak ruble could provide the Kremlin with as much as $33 billion in extra cash for social spending this year, giving Vladimir Putin the financial wherew.........
see more >>(Bloomberg) --Oil surged by the most intraday in three weeks, lifted by broader market strength and optimism over demand recovering this year. Futures climbed as much as 2.4% in New York on .........
see more >>OSLO - New research published by DNV GL finds that the oil and gas industry expects to boost investment in the energy systems of the future this year, as companies seek to transform for the .........
see more >>(Bloomberg) --Initial steps taken by U.S. President Joe Bidens administration may help support the oil market this year and next, according to Goldman Sachs Group Inc. A focus on fiscal spen.........
see more >>(Bloomberg) --Asias oil refineries have been rushing to buy up crude cargoes from Europe after Saudi Arabias surprise decision to unilaterally cut output in February and March. Unipec, the t.........
see more >>(Bloomberg) --A brief rally in crude oil deflated Monday as investors ignored a broader market surge that pushed equities to an all-time high and focused instead on looming new supply from O.........
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