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U.S. oil and gas wages set April record despite shale industry consolidation

(Bloomberg) – Wages for U.S. oil and gas workers set a fresh record in April as a wave of acquisitions in the shale industry has yet to impact the labor force. Average hourly […]

Biden administration to purchase 6 MMbbl of oil for Strategic Petroleum Reserve as prices drop

(Bloomberg) – The Biden administration is buying six million more barrels for the nation’s oil reserve as it continues to take advantage of a dip in prices to refill the depleted cache. The […]

COP29 host Azerbaijan sees natural gas demand rising despite “phase-out” plans

(Bloomberg) – Months after UN-led climate talks, the demand for natural gas from the host of this year’s COP29 is growing in Europe and elsewhere. Shah Deniz platform (Source: bp) Azerbaijan, which has […]

‘Ugandan anti-oil pipeline activist detained’

*East African Crude Oil Pipeline Kampala — A Ugandan activist campaigning to stop the development of a $5 billion crude oil pipeline in east Africa by France’s TotalEnergies and others has been detained by Uganda’s […]

OPEC+ ministers reject bearish reaction to “gradual” oil production increase plans

*OPEC+ barrel stock Newswire – OPEC+ ministers rejected oil’s bearish reaction to its decision to gradually boost crude production from October and predicted the market will eventually see that the group’s policy is correct. The […]

Benin-Niger spat deepens with arrests at crude pipeline terminal

*Niger-Benin crude oil pipeline terminal. Cotonou/Niamey — A prosecutor in Benin said authorities had detained on Wednesday five Niger nationals for allegedly entering Benin’s Seme-Kpodji pipeline terminal under false pretences, deepening a dispute over exports […]

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U.S. oil and gas wages set April record despite shale industry consolidation

Biden administration to purchase 6 MMbbl of oil for Strategic Petroleum Reserve as prices drop

COP29 host Azerbaijan sees natural gas demand rising despite “phase-out” plans

‘Ugandan anti-oil pipeline activist detained’

OPEC+ ministers reject bearish reaction to “gradual” oil production increase plans

Benin-Niger spat deepens with arrests at crude pipeline terminal

TechnipFMC, Sulzer Flow Equipment collaborate on subsea CO2 pump solutions for Petrobras FPSO

Nigeria could spend N5.4trn on fuel subsidies in 2024

Emerson to deploy completion monitoring systems for Equinor’s Rosebank oil and gas field offshore UK

Oil up on Fed rate cut expectations, but OPEC+ supply decision caps gains