Venezuelan crude is attractive to complex U.S. refiners with coking capacity, but only a subset of Gulf and East Coast plants ...
With Venezuela sidelined and U.S. backing effectively deterring any aggression, geopolitical risk around Essequibo has faded ...
Jafurah is projected to deliver up to 2 Bscfd of gas by 2030, yet that would only displace roughly 334,000 bpd of oil ...
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of 5.27 million barrels in the week ending January 9.
Hezbollah has leveraged historical diaspora ties and the chaos of Colombia's internal conflict to build a transnational ...
The Strait of Hormuz risk is back in focus, as escalation could threaten a route that carries about 20% of global oil ...
Oil prices pushed higher on Tuesday afternoon, with traders weighing a familiar but combustible mix of Middle East risk and ...
Norway on Tuesday offered 57 new production licenses to 19 companies in the annual licensing round for acreage in the best-explored areas on the Norwegian continental shelf ...
The European Union has introduced a framework that could allow Chinese electric vehicle exporters to replace existing tariffs ...
At the American Petroleum Institute’s annual State of American Energy event, API President and CEO Mike Sommers framed the ...
Venezuela’s oil is mostly extra-heavy crude from the Orinoco Belt, with breakeven costs above $80 per barrel—making it uneconomic at current prices and far less attractive than other heavy oil sources ...
Turkmenistan is moving ahead with a new development phase at the giant Galkynysh gas field while keeping its long-term export ...
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