Russia's Oil Revenue Sinks to 6 Month Low
Russia's oil revenue slumped to a six-month low in August.
Nieuws
-
-
USA Retail Diesel Hits Record
U.S. retail diesel rose to a record.
-
Eni Finalizes Venezuelan Deal for 35Bbbl Field
Eni secured a 25-year agreement with state-owned PdVSA to relaunch activities at the Junin-5 heavy oilfield in the Orinoco Belt.
-
EnQuest Trims Losses
The London-based company, whose production comes from the UK's side of the North Sea and Southeast Asia, reported a net loss of $24.83 million for H1 2026, improving from -$39.94 million for H1 2025 on higher production and higher oil prices.
-
Atlantic Hurricane Season Remains Most Tranquil Since 1941
The world's second-largest ocean hasn't been this docile since 1941.
-
Vaca Muerta Estimated to Hold 9B Barrels of Sub $55 Oil Resource
EIR director Andy McConn said 'Vaca Muerta's growth potential and low-cost competitiveness are a rare combination in today's upstream market'.
-
Shell Completes Acquisition of Montney Major ARC
Shell completed its acquisition of ARC Resources, a leading producer in Canada's Montney shale, for around $16.5 billion including assumed debt.
-
Analysts Still Expect USA-Iran Deal by End-September
Analysts at BMI revealed that their base case still assumes a preliminary agreement to reopen the Strait of Hormuz by the end of the third quarter.
-
ADNOC Keeps Loading LNG Tankers in Gulf
ADNOC appears to be continuing to load liquefied natural gas onto tankers in the Persian Gulf, according to satellite images, despite ongoing disruptions to energy flows through the Strait of Hormuz and a recent escalation of hostilities.
-
USA Diesel Hits 4 Year High
U.S. retail diesel prices hit the highest since mid-2022.