WTI Completes Ninth Consecutive Weekly Gain
While futures may have fluctuated the last few days, the underlying fundamentals remain firmly bullish.
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U.S. Stockpiles In Cushing Reaching Historically Worrying Levels
Stockpiles at the biggest U.S. crude depot are quickly approaching critically low levels.
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Shell Could Miss Its Own Emission Reduction Goals
Royal Dutch Shell is on track to miss its own emission reduction targets in the coming decades, a new study shows.
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Petrobras Selling Another Field Offshore Brazil
Petrobras started the sale process for its whole interest in the Catuá field located in the Campos Basin offshore Brazil.
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Prosafe To Work On Elgin Field For TotalEnergies
Prosafe has won a deal from TotalEnergies to provide accommodation support in the UK sector of the North Sea.
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China Must Hold Energy Supply Security In ‘Its Own Hands’, Xi Says
President Xi Jinping told oil workers that China must secure its own energy supply.
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Aker Solutions Scores FEED Gig For Equinor’s Wisting FPSO
Aker Solutions has received an LOI for work on Equinor's Wisting field FPSO in the Norwegian Barents Sea.
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Exxon's Wyoming CCS Project Expansion Restarts After 2-Year Delay
ExxonMobil has initiated the process for engineering, procurement, and construction contracts as part of its plans to expand CCS at the LaBarge facility in Wyoming.
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Russia To Talk Green Projects And Lifting Gazprom's Sanctions At COP26
Russia will seek sanctions relief on green investment projects for companies such as Gazprom at next month’s COP26 climate summit.
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Oil Eases On Renewed Demand Concerns
With technical indicators signaling an imminent pullback, crude futures faltered Thursday on fresh concerns over worldwide economic growth.