The world’s largest oil company, Saudi Aramco, is planning to raise tens of billions of dollars by selling more stakes in its businesses. The Saudi Arabian state-controlled firm created a new team to review its […]
Oil rebounded after a U.S. government report showed rapidly declining inventories and record-high fuel demand in the midst of the peak summer travel season. Futures edged up after earlier falling as much as 2% in […]
Just days after video of a massive ocean surface blaze near a Pemex oil platform in the Gulf of Mexico went viral, Mexico’s national oil company has declared that environmental damage was avoided due to quick action […]
There may be no respite for fuel consumers in the country facing high prices of petrol and diesel for the past couple of months as global oil scenario is expected to remain firm with oil […]
Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today provided an update regarding operatorship for the Company’s Zama asset in offshore Mexico. On July 2, 2021, Talos was notified by Mexico’s Ministry of Energy (“SENER”) that it had designated […]
Mexico’s energy ministry has designated Petroleos Mexicanos as the operator of the country’s largest oil discovery by private companies, in the latest sign of the government’s nationalist approach to the energy industry. The Zama field, discovered […]
OPEC+ was plunged into crisis as a worsening fight between Saudi Arabia and the United Arab Emirates blocked an oil-supply increase. What happens next will determine whether the breakdown of talks — which sent crude […]
Saudi Arabia and the United Arab Emirates cranked up the tension in their OPEC standoff as the rare diplomatic spat between long-time allies leaves the global economy guessing how much oil it will […]
It isn’t OPEC if it isn’t drama. Yet, what’s playing out now on the stage of this expanded 23-nation coalition of oil producing countries that calls itself OPEC+ is too much drama – even for […]
LONDON/DUBAI/MOSCOW, – OPEC+ resumes talks on raising oil output on Friday after the United Arab Emirates blocked a deal the previous day, creating a standoff that could delay plans to pump more oil through the […]
Copyright © 2025 | Sandstone Group