Iran’s oil output growth looks less likely following tanker attack

(Bloomberg) --Iran’s oil comeback, already taking longer than many traders expected, will be further complicated by last week’s deadly drone attack on a tanker in the Gulf

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Oil prices fall on declining Chinese factory output

(Bloomberg) --Oil slid by the most in a week as the fast-spreading delta variant poses a threat to demand and as data out of China signaled a slowdown

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U.S. crude oil exports reached record levels in 2020, remain high in 2021

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 million barrels per

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OPEC agrees to boost oil output in August on Saudi-UAE compromise

(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

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Another day of falling oil prices as U.S. gasoline inventory grows

(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

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Oil prices slide as Covid delta variant clouds demand outlook

(Bloomberg) --Oil edged lower as traders grappled with the demand implications of a Covid-19 resurgence in several regions and slowing economic growth in China

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Shell to buy BP’s share of Shearwater North Sea gas hub

LONDON (Bloomberg) --Royal Dutch Shell said it plans to buy BP’s stake in a North Sea field they share, superseding a deal agreed by the British oil major last month

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CNOOC's 'smart' natural gas project enabling collaborative fuel output

China National Offshore Oil Corp, or CNOOC, said on Thursday that its "smart" natural gas project in the South China Sea will help make offshore oil and gas production in the country more digital and intelligent

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Guyana Estimates Future Oil Production At 1 Million Bpd

Guyana has estimated its future oil production at 1 million barrels per day by 2027, from seven floating production, storage, and offloading (FPSOs) vessels in country, according to natural resources minister

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Total Partners with Siemens Energy to Reduce LNG Related Emissions

Total and Siemens Energy signed a Technical Collaboration Agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated

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