ExxonMobil and its partner Hess Corp have withdrawn from the Kaieteur exploration block offshore Guyana as they pursue more prolific opportunities in the bigger and...
Tsvetana Paraskova

OilPrice.com | U.S. Oil Price Hits Highest Level In 13 Months
The benchmark U.S. oil price rose early on Thursday to the highest...

OilPrice.com | The UK Approves A Controversial $3.8-Billion Oil And Gas Project
UK regulators approved on Wednesday the development plan for the...

OilPrice.com | Court Upholds Order To Expand Oil And Gas Lease Sale In The Gulf Of Mexico
The 5th U.S. Circuit Court of Appeals in New Orleans has upheld a...

OilPrice.com | UK Backtracks On Key Green Policies
The UK government announced this week a new approach to achieving...

OilPrice.com | Europe’s Natural Gas Prices Fall After Australian LNG Strikes End
The benchmark natural gas prices in Europe and the UK dropped...
OilPrice.com | China’s Coal Imports From Russia And Australia Soar
China is importing record volumes of coal, with purchases from Australia and Russia at multi-year highs, as...
OilPrice.com | Goldman Sachs Raises Year-Ahead Brent Oil Forecast To $100
Goldman Sachs raised on Wednesday its 12-month ahead forecast for Brent Crude oil prices to $100 per barrel...
OilPrice.com | Costs For Equinor’s Arctic Oil Project Jump By $1.2 Billion
The project costs for Equinor’s Johan Castberg oil project in the Arctic waters of the Barents Sea have...
OilPrice.com | Tight Diesel Markets Could Add To Inflation Woes
Distillate markets are tightening again, lifting the prices of diesel and heating oil for the harvest and...
OilPrice.com | China’s Refinery Throughput Jumps To Record Highs
High margins on the export markets and peak domestic summer demand prompted China’s refiners to boost crude oil...
OilPrice.com | UAE’s ADNOC Looks To Boost Its Oil Trading Business In Europe
Abu Dhabi National Oil Company (ADNOC) plans to expand its oil, fuels, and LNG trading business in Europe as it...
OilPrice.com | International Energy Majors Interested In Colombia’s Offshore Gas
International oil and gas majors, including UK-based Shell and Brazil’s Petrobras, have shown interest in...
OilPrice.com | Saudi Aramco Relaunches $1.8-Billion Oilfield Tender After Snubbing McDermott
Saudi Arabia’s oil giant Aramco has relaunched a tender for $1.8 billion worth of contracts for the expansion...
OilPrice.com | Exxon Withdraws From Small Oil Exploration Block Offshore Guyana
ExxonMobil and its partner Hess Corp have withdrawn from the Kaieteur exploration block offshore Guyana as they...
OilPrice.com | U.S. Oil Price Hits Highest Level In 13 Months
The benchmark U.S. oil price rose early on Thursday to the highest level since August 2022, extending...
OilPrice.com | The UK Approves A Controversial $3.8-Billion Oil And Gas Project
UK regulators approved on Wednesday the development plan for the Rosebank oil and gas project in the North Sea,...
OilPrice.com | Court Upholds Order To Expand Oil And Gas Lease Sale In The Gulf Of Mexico
The 5th U.S. Circuit Court of Appeals in New Orleans has upheld a lower court’s order that the U.S....
OilPrice.com | UK Backtracks On Key Green Policies
The UK government announced this week a new approach to achieving the net-zero 2050 target, softening some of...
OilPrice.com | Europe’s Natural Gas Prices Fall After Australian LNG Strikes End
The benchmark natural gas prices in Europe and the UK dropped early on Friday after Chevron and trade unions...
OilPrice.com | China’s Coal Imports From Russia And Australia Soar
China is importing record volumes of coal, with purchases from Australia and Russia at multi-year highs, as...
OilPrice.com | Goldman Sachs Raises Year-Ahead Brent Oil Forecast To $100
Goldman Sachs raised on Wednesday its 12-month ahead forecast for Brent Crude oil prices to $100 per barrel...