BP Wins New Venezuela License
BP estimates four trillion cubic feet of recoverable gas resources in the project, part of the Plataforma Deltana area, and expects to deliver it 'in parallel with phase 1'.
Nieuws
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US to Soon Unveil Unprecedented Sanctions on Iran
The move will be part of a 'one-two punch' that includes the continued blockade of Iran's ports, Treasury Secretary Scott Bessent said.
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India Seeks More USA LPG
India's state-owned refiners are in talks to secure more U.S. liquefied petroleum gas under annual contracts for next year.
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Oil Falls as Iran Talks Remain Stalled
Crude retreated as traders assessed Hormuz shipments and rising US inventories.
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EIA Predicts Record Annual USA Oil Output in 2026
The U.S. Energy Information Administration projected that annual U.S. oil production will hit a record this year.
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Ship Pays $4MM to Skip Line to Cross Panama Canal
A container ship paid $4 million to cut the line at the Panama Canal.
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Presidio Forms AI Engineering Team
Presidio assembled an engineering team dedicated to developing and deploying artificial intelligence workflows tailored to oil and gas producers.
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Global Refining System Has Little Spare Room Left
The global refining system has little spare room left to respond, Daniel Evans, Global Head of Fuels and Refining Research at S&P Global Energy, said in analysis piece.
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USA Gasoline Price Breaks Records
Patrick De Haan, Head of Petroleum Analysis at GasBuddy, announced that the U.S. gasoline price had broken a couple of records.
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Anaergia Nearly Doubles Revenue YoY
'The increase was primarily driven by higher capital sales project execution activity in Italy, other European countries and North America'.