Blog

*Oil rigs in the US Gulf. Houston — Prices for heavier crude oil along the U.S. Gulf Coast have climbed in recent weeks, trading at a rare near-par with lighter oil, a sign of supply […]

*Shale Eagle Ford. Newswire — TotalEnergies has agreed to acquire the 20% interest held by Lewis Energy Group in the Dorado leases operated by EOG Resources (80%) in the Eagle Ford shale gas play, increasing […]

The suspects and vessel were arrested for alleged illegal dealing in petroleum products by the detachment of 5 BN Nigerian Army on February 27, 2024 around Fish Town Rivers, Southern Ijaw Bayelsa State while on […]

*Oil prices – Brent, WTI on track to rise more than 4% this week– Traders focused on geopolitical tensions– U.S. economy added 303,000 jobs last month– U.S. drillers cut of oil and gas rigs Houston […]

*US weekly offshore rig count. Houston — U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row for the first time since October, […]

*OPEC+ barrel stock Newswire – OPEC+ chose to stick with oil production cuts for the first half of the year, keeping global markets tight and potentially sending prices higher. A panel of key members led […]

*NSCDC officials at the illegal bunkering site Mkpoikana Udoma Port Harcourt — The Nigerian Security and Civil Defence Corps, NSCDC, says it has busted and dismantled an illegal oil bunkering and seized two local Cotonou […]

*An employee looks out over the illuminated petroleum cracking complex at the Lukoil-Nizhegorodnefteorgsintez oil refinery, operated by OAO Lukoil, in Nizhny Novgorod. Photographer: Andrey Rudakov/Bloomberg via Getty Images. Moscow/London — When engineers at Russian oil […]