Oil & Gas Industry News

Rubio spoke less than a month after a Venezuelan patrol ship entered Guyanese waters and positioned itself near a vessel contracted by Exxon.

Oil prices dipped on fears that new U.S. tariffs could weaken global energy demand.

A federal district judge on Thursday ruled against a Biden administration sale of oil and gas drilling rights in the Gulf of Mexico.

'The only certainty right now is uncertainty', one exploration and production company stated in the comments section of the first quarter 2025 Dallas Fed Energy Survey.

Baghdad fully ratified a contract with BP for oil and gas redevelopments and potential exploration in Kirkuk.

Trade war tensions limited gains, but supply disruptions kept oil rising.

'Everyone needs to start planning and preparing for hurricane season', AccuWeather Chief Meteorologist Jonathan Porter said.

'If you're going to go for a big acquisition, one has to recognize that that can potentially distract'.

Oil prices climbed after a US report showed falling crude and gasoline inventories, signaling tighter short-term supplies.

The US said Russia and Ukraine agreed to a ceasefire in the Black Sea.