Trump Moves to Levy Chinese Vessels in Widening Trade War
The Trump administration took steps to impose levies on Chinese vessels docking at U.S. ports.
Fracker Liberty's Profit Falls to 3-Year Low as Oil Slumps
Shale fracker Liberty Energy Inc. posted its worst earnings in three years.
Oil Surges Amid Iran Sanctions
Oil prices surged nearly 4%, driven by US sanctions tightening pressure on Iran's energy exports.
USA EIA Boosts Henry Hub Natural Gas Price Forecasts
The U.S. Energy Information Administration increased its Henry Hub natural gas spot price forecast for 2025 and 2026 in its latest short term energy outlook.
TGS Expands its Mauritania 3D Seismic Library
Energy data and intelligence provider TGS has expanded its multi-client data library offshore Mauritania.
BP Chairman Lund Re-Elected to Board Despite Protest Vote
BP Plc's outgoing Chairman Helge Lund was re-elected to the company's board amid a sizable protest vote.
USA Oil, Gas Operators Encounter Avalanche of Economic Policy Changes
Rystad Energy said U.S. oil and gas operators have encountered an avalanche of economic policy changes from the Trump administration over the last week.
USA Crude Oil Inventories Increase Week on Week
Crude oil stocks, not including the SPR, stood at 442.9 million barrels on April 11, the EIA's latest weekly petroleum status report showed.
United Oil Secures Two-Year Extension for Jamaican Asset
United said it has resumed talks with selected parties who had previously expressed interest before the farm-out process was suspended in December 2024.
OPEC+ Efforts at Oil Quota Compensation Look Flimsy as Ever
The total backlog of overdue compensation cuts has increased by almost nine percent to roughly 139 million barrels.
Keystone Restarts Oil Pipeline After Leak Prompted Shutdown
The operator of the Keystone oil pipeline brought the conduit back into service.
US Inventory Drop, OPEC Action Lift Oil Prices
Iraq pledged to cut oil exports under OPEC+ pressure, adding momentum to the crude rebound.
APA Corp Makes Leadership Changes, Names Ben Rodgers as CFO
APA Corporation recently made changes to its executive leadership team.
TotalEnergies Agrees 15-year LNG Supply Deal with Enadom
'We are pleased to have signed this agreement to answer, alongside AES and its partners, the energy needs of the Dominican Republic', said Gregory Joffroy, Senior Vice President LNG at TotalEnergies.
DOI Announces 'Significant Increase' in Estimated Gulf OCS O&G Reserves
The U.S. Department of the Interior announced a 'significant increase in estimated oil and gas reserves in the Gulf of America Outer Continental Shelf'.
Iraq to Cut Oil Price in Federal Budget Amid Plummeting Market
Iraq, OPEC's second-largest producer, plans to cut its oil-price assumption in the federal budget after the market plunged.
USA EIA Cuts West Texas Intermediate Oil Price Forecasts
The U.S. Energy Information Administration cut its WTI oil price forecast for 2025 and 2026.
Goldman Sachs Warns of Sub-$40 Oil Under One Scenario
Goldman Sachs analysts revealed that they see the Brent oil price falling to under $40 per barrel under one scenario.
Mexico Halts Fuel Imports at Texas Border as Inspections Ramp Up
Fuel shipments from Texas headed to Mexico have ground to a halt as the Mexican government cracks down on imports over tax payments.
Trio Closes Acquisition of Heavy Oil Assets from Novacor
Trio Petroleum Corp. has closed its acquisition of certain petroleum and natural gas properties held by Novacor Exploration Ltd. in the prolific heavy oil region of Lloydminster, Saskatchewan.
