OPEC+ to accelerate oil output hikes, sources say By Olesya Astakhova and Ahmad Ghaddar Reuters May 4, 2025 OPEC+ plans to further accelerate oil output hikes and could unwind its 2.2 million barrels per day of voluntary cuts by the end of October if…
California losing another refinery, impacting AZ and NV; fuel shortages possible By Kenneth Schrupp The Center Square Apr 21, 2025 With Valero announcing the pending closure of one of its two remaining California refineries, the state will lose at least 18% of its current …
BP makes oil discovery off Gulf of Mexico coast By Sheila Dang Reuters Apr 14, 2025 BP has made an oil discovery at the Far South field in the Gulf of Mexico, it said on Monday, as the energy major seeks to grow production und…
Crude stockpiles rise as exports hit Janurary lows, data shows By Stephanie Kelly Reuters Apr 9, 2025 NEW YORK â€� U.S. crude oil stockpiles rose last week as imports increased and exports fell to their lowest since January, while gasoline and di…
US to revoke authorization to foreign partners of Venezuela's PDVSA By Marianna Parraga Reuters Mar 29, 2025 HOUSTON â€� The U.S. government has notified foreign partners of Venezuela's state oil company PDVSA of the imminent cancellation of authorizati…
+2 US oil producers face new challenges as top oilfield flags Mar 27, 2025 By Shariq Khan and Georgina McCartney
Analysis-Latest US sanctions on Russia throw global oil trade into disarray Feb 14, 2025 By Florence Tan and Nidhi Verma
Exxon seeks permit for eighth oil, gas project in Guyana By Kemol King Reuters Feb 12, 2025 GEORGETOWN â€� A consortium led by Exxon Mobil has requested environmental permits from Guyana for its eighth project, the first that will gener…
US drillers add oil, gas rigs for second week in a row, Baker Hughes says By Scott DiSavino Reuters Feb 7, 2025 U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm…
Reaction to imposition of tariffs Reuters Feb 1, 2025 U.S. President Donald Trump on Saturday ordered 25% tariffs on Canada and Mexicao imports and 10% on goods from China.
