LONDON/MOSCOW, Feb 27 (Reuters) – OPEC+ will consider extending voluntary oil output cuts into the second quarter, three OPEC+ sources told Reuters, to provide additional support for the market, and could keep them in place […]
HOUSTON, Feb 27 (Reuters) – Oil prices rose more than $1 a barrel on Tuesday as sources said OPEC+ is considering extending voluntary oil output cuts into the second quarter to provide additional support. Brent crude futures […]
MIDLAND, Texas, Feb. 27 /BusinessWire/ — Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE:PR) today announced its fourth quarter and full year 2023 financial and operational results and 2024 operational plans. Permian Resources’ full […]
DENVER, Feb. 27 /BusinessWire/ — Civitas Resources, Inc. (NYSE:CIVI) (“Civitas” or the “Company”), today announced the execution of a definitive agreement to repurchase approximately 876 thousand shares of its common stock at a price of […]
EuropeTankers Ministry of Transportation Republic of Indonesia Luxembourg-headquartered broker BRS has warned the grey fleet is likely to become darker as more focused sanctions squeeze Russia’s export options. The grey tanker fleet – ships hauling Venezuelan, […]
Daily Standup Top Stories Energy Secy. Granholm explains the clean energy ‘battle’ – Really? February 26, 2024 Stu Turley The Biden administration has made some big investments into infrastructure and clean energy initiatives within the US. […]
Chevron CVX -0.14%decrease; red down pointing triangle warned investors Monday that Exxon Mobil XOM 0.39%increase; green up pointing triangle and China’s Cnooc are asserting they have a right to pre-empt the company’s bid for a stake in a prolific oil project off […]
Saudi Arabia has been spending heavily both abroad and at home. As a result, last year, the Public Investment Fund’s cash and treasury assets slimmed from over $105 billion in 2022 to some $37 billion […]
An Ohio judge has dismissed environmental groups’ appeal from commission decisions to lease parts of a state park and two wildlife areas for oil and gas drilling. Judge Jaiza Page’s Feb. 23 order effectively […]
LONDON, Feb 23 (Reuters) – Red Sea shipping delays and OPEC+ supply cuts are tightening physical oil markets in Europe and Africa as well as the Brent crude market structure, lending further support to oil […]
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