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Why Is the Oil Price Rising?
Tuesday, September 02, 2025 Why is the oil price rising today?

OEUK Says EPL Reform Will Mean More Jobs
Tuesday, September 02, 2025 Without changes to the fiscal regime, UK oil and gas could disappear within years, not decades, OEUK CEO David Whitehouse warned.

Syria Resumes Oil Shipping
Tuesday, September 02, 2025 Syria exported 600,000 barrels of heavy crude in its first oil shipment in years, as the lifting of western sanctions brings relief to its war-ravaged economy.

Equinor to Maintain 10 Pct Stake in Orsted
Tuesday, September 02, 2025 Equinor said it intends to buy into Orsted's $9.4 billion stock sale to maintain its 10 percent ownership.

NNPC, Upstream Suppliers Ink GSAs with NLNG
Tuesday, September 02, 2025 The agreements are for the delivery of 1.29 Bscfd of feedgas.

Wood Endorses Acquisition Offer by Sidara
Tuesday, September 02, 2025 Sidara reduced its offer from 35 pence to 30 pence for each Wood share after a diligence review.

Equinor Plans to Connect New Discovery to Asgard Development
Tuesday, September 02, 2025 Preliminary calculations indicate the discovery, wildcat well 6506/12-PB-3 H in production license 094, holds a recoverable 6.3-18.9 million oil-equivalent barrels.

Taiwan's CTCI Wins EPC Contract for CPC LNG Terminal
Tuesday, September 02, 2025 Under the contract, the regasification facility will convert liquefied natural gas (LNG) coming from four 180,000 kiloliter cryogenic tanks.

Trican Closes Acquisition of Tubing Services Firm Iron Horse
Tuesday, September 02, 2025 Iron Horse operates primarily in the Cardium, Charlie Lake, Mannville Stack, Viking, Montney and Shaunavon plays in the Western Canadian Sedimentary Basin.

Buru Plans New $2MM Share Offering
Tuesday, September 02, 2025 Buru raised around $1.37 million from a placement and plans to issue more shares amounting to about $1.95 million to fund the Rafael gas project onshore Western Australia.

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OPEC+ May Unwind 1.65MM Bpd of Cuts at Next Meeting, Analyst Warns
Wednesday, August 27, 2025 There is an increasing risk that OPEC+ will unwind the last 1.65 million barrels per day of cuts when they meet on September 7, Bjarne Schieldrop, Chief Commodities Analyst at Skandinaviska Enskilda Banken AB, said.

How Much Crude Oil is in the USA Strategic Petroleum Reserve?
Friday, August 29, 2025 Just how much crude oil is in the U.S. Strategic Petroleum Reserve (SPR)?

Namibia's Ambition to Become Oil Hotspot Tested by Wildcatter
Friday, August 29, 2025 It's still unclear how much oil Namibia has, and no discoveries have yet been declared commercial, though the government has estimated resources as high as 11 billion barrels.

Where Will USA Oil Production Come From in 2025?
Monday, September 01, 2025 Total U.S. crude oil production, including lease condensate, is projected to average 13.41 million barrels per day this year in the EIA's latest STEO - but where will this oil come from?

Daenerys Discovery Is a Game Changer for Talos
Friday, August 29, 2025 'This is the company's largest discovery to date in the GoA', Wood Mackenzie Upstream Senior Research Analyst Miles Sasser said.

GasBuddy Reveals 2025 Labor Day USA Gasoline Price Forecast
Wednesday, August 27, 2025 'It will be the most affordable Labor Day weekend to fill up for most in the last five years', GasBuddy said.

Oil Settles Higher as US Inventories Tighten
Wednesday, August 27, 2025 Oil rose 1.3% after US crude and fuel inventories fell more than expected, easing supply glut concerns.

Equinor Makes New Oil and Gas Discovery Near Troll Field
Wednesday, August 27, 2025 The discovery is estimated to hold recoverable resources of 0.6-6.9 million barrels of oil equivalent.

Expiring September Natural Gas Contract Rose 15 Cents
Thursday, August 28, 2025 The expiring September natural gas contract rose 15.0 cents to roll off the board at $2.867 per MMBtu yesterday, EBW Analytics Group Energy Analyst Eli Rubin said.

Oil Posts First Monthly Loss Since April
Friday, August 29, 2025 OPEC+ supply growth and slowing US economic outlook kept oil prices under pressure near $64 WTI.

14 Days

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OPEC+ May Unwind 1.65MM Bpd of Cuts at Next Meeting, Analyst Warns
Wednesday, August 27, 2025 There is an increasing risk that OPEC+ will unwind the last 1.65 million barrels per day of cuts when they meet on September 7, Bjarne Schieldrop, Chief Commodities Analyst at Skandinaviska Enskilda Banken AB, said.

How Much Crude Oil is in the USA Strategic Petroleum Reserve?
Friday, August 29, 2025 Just how much crude oil is in the U.S. Strategic Petroleum Reserve (SPR)?

USA EIA Increases 2025 USA Oil Production Forecast
Wednesday, August 20, 2025 The U.S. Energy Information Administration increased its U.S. crude oil production forecast for 2025 in its latest short term energy outlook.

Turkey Set for Deal to Explore Energy in Libyan Waters
Thursday, August 21, 2025 If approved, the agreement could kickstart oil and gas exploration by Turkish ships in a swathe of territory between Crete and Turkey.

Aker BP Declares Significant Discovery in Norway's Yggdrasil
Thursday, August 21, 2025 'Omega Alfa is among the largest commercial discoveries in Norway in a decade'.

USA Energy Demand Projected to Rise in 2025, 2026
Monday, August 25, 2025 Total U.S. energy consumption is projected to rise in 2025 and 2026 in the U.S. Energy Information Administration's latest short term energy outlook.

Oil Rises on Fed Rate Cut Hopes
Friday, August 22, 2025 Oil prices inched higher after Fed Chair Powell signaled a possible September rate cut.

USA EIA Sees Production Outpacing Demand in 2025 and 2026
Tuesday, August 26, 2025 The EIA projected that world petroleum and other liquid fuels production will come in higher than consumption both this year and next year in its latest short term energy outlook.

Permian, Vaca Muerta Drive 5B Barrels Increase in Global Recoverable Oil
Wednesday, August 20, 2025 'This net increase was driven primarily by the delineation of upside potential in Argentina's Vaca Muerta play and the Permian Delaware basin in Texas and New Mexico'.

Cenovus Beats Strathcona with $5B Deal to Acquire MEG
Friday, August 22, 2025 The Cenovus takeover unites two Calgary-based firms with significant operations in the oil-sands region of northeastern Alberta.

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USA EIA Sees WTI Oil Price Under $48 Per Barrel in 2026
Monday, August 18, 2025 The U.S. Energy Information Administration cut its West Texas Intermediate average spot crude oil price forecast in its latest short term energy outlook.

What is the World's Most Valuable Oil and Gas Brand?
Thursday, August 07, 2025 Brand Finance announced that, according to its Energy 100 2025 report, the collective value of the world's top 100 'most valuable energy brands' is $688.6 billion.

EIA Cuts Brent Oil Price Forecast for 2025 and 2026
Friday, August 15, 2025 The U.S. Energy Information Administration cut its Brent spot average crude oil price forecast for 2025 and 2026 in its latest short term energy outlook.

BP to Conduct 'Thorough' Business Review
Wednesday, August 06, 2025 BP will conduct 'a thorough review of our portfolio of businesses to ensure we are maximizing shareholder value'.

OPEC+ 8 Announce 547,000 Bpd 'Production Adjustment' for Sept
Monday, August 04, 2025 'This is equivalent to four monthly increments', a statement posted on OPEC's site on Sunday highlighted.

BP Makes Largest Discovery in 25 Years off Brazil
Monday, August 04, 2025 BP found an estimated 500-meter column of oil and gas at the Bumerangue block in the Santos basin.

Natural Gas Price Drops Below $3 'Amid Lack of Support'
Tuesday, August 05, 2025 Eli Rubin, an energy analyst at EBW Analytics Group, outlined that the natural gas price dropped below $3 per MMBtu yesterday 'amid [a] lack of support'.

USA EIA Reveals Latest Henry Hub NatGas Price Forecasts
Tuesday, August 19, 2025 The U.S. Energy Information Administration has revealed its latest average Henry Hub natural gas spot price forecasts in its August short term energy outlook.

How Much Oil and Gas Did Aramco Produce in 2Q?
Wednesday, August 06, 2025 Saudi Aramco has revealed its latest production figures in its second quarter and half year results statement.

OPEC+ May Unwind 1.65MM Bpd of Cuts at Next Meeting, Analyst Warns
Wednesday, August 27, 2025 There is an increasing risk that OPEC+ will unwind the last 1.65 million barrels per day of cuts when they meet on September 7, Bjarne Schieldrop, Chief Commodities Analyst at Skandinaviska Enskilda Banken AB, said.