Most Recent News
- Phillips 66 Logs QoQ Increase in Profit as Refining Margins, Volumes Rise July 29, 2025'Refining ran at the highest utilization since 2018, achieved its lowest cost per barrel since 2021, strong market capture and record year-to-date clean product yield'.
- Rigzone Holds Exclusive AI Q&A with BP July 29, 2025In order to find out more about BP's upstream AI capability, Rigzone sat down with Jack Cameron, Vice President at BP Technical Solutions India, for a Q&A session.
- Ex-Pioneer CEO Sheffield Joins Tamboran as Riddle Quits July 29, 2025Scott Sheffield joins the Australian gas developer as a non-executive director.
- Starmer Outlines Oil Will be Part of UK Mix for 'Very Long Time' July 29, 2025'Oil and gas is going to be with us for a very long time', UK Prime Minister Keir Starmer said.
- Ukraine Inks First Transbalkan Deal for Gas from Azerbaijan July 29, 2025'For the first time, a test shipment of gas is being delivered through the Transbalkan route along the Bulgaria-Romania-Ukraine corridor'.
- Repsol Sees Lower H2 Profit July 29, 2025'All business areas have improved their results, both quarterly and half-yearly, except for the Industrial division, which was impacted by the nationwide power outage in Spain on April 28'.
- Sonatrach, Libyan NOC Pen Collaboration Agreements July 29, 2025The agreements aim to enhance cooperation in petroleum operations and services, training and expertise.
- Vitol Hands Record $10.6B Payout to Its Traders July 29, 2025Vitol handed a record $10.6 billion to its executives and senior staff through share buybacks last year, as the fallout of the energy crisis continued to deliver extraordinary riches to the world's commodity traders.
- Pacific Petroleum Closes Acquisition of Wyoming Oil Assets July 29, 2025The acquired assets span multiple actively producing fields, including the Hunt, Rose Creek, Shoshone North, and West Oregon Basin fields.
- Oil Surges as Trump Pressures Russia on Ukraine July 28, 2025Oil prices rose after Trump set a new truce deadline for Russia, raising fears of supply disruptions.
Finance and Investing News
- Repsol Sees Lower H2 Profit July 29, 2025'All business areas have improved their results, both quarterly and half-yearly, except for the Industrial division, which was impacted by the nationwide power outage in Spain on April 28'.
- Vitol Hands Record $10.6B Payout to Its Traders July 29, 2025Vitol handed a record $10.6 billion to its executives and senior staff through share buybacks last year, as the fallout of the energy crisis continued to deliver extraordinary riches to the world's commodity traders.
- Shell, KUFPEC Make FID for Egypt Offshore Gas Asset July 28, 2025The Mina West gas field will be developed as a subsea tie-back to the existing infrastructure of West Delta Deep Marine, supporting the delivery of reliable energy to Egypt's domestic gas market.
- Ovintiv Q2 Earnings Slip YoY July 28, 2025Ovintiv reported Q2 2025 2025 earnings of $307 million.
- Valero Q2 Profit Down YoY on Lower Volumes July 28, 2025Lower refining volumes offset higher margins.
- Wood Sells 50 Pct Stake in RWG to Siemens July 28, 2025'Proceeds will be used by Wood to reduce net debt'.
- Eni Profit Tops Estimates July 25, 2025Eni SpA reported profit that beat analyst estimates.
- DOE Cancels $4.9B Loan Guarantee for Grain Belt Express Project July 25, 2025The cancellation stems from a review of agreements signed by the DOE's Loan Programs Office during the last weeks of the Biden administration.
- Carnarvon to Acquire Stake in Strike Energy July 24, 2025'The Carnarvon board believes the Strike investment represents an attractive opportunity for the company to help Strike unlock the value in its high-quality portfolio of Perth Basin assets on attractive terms'.
- Baker Hughes Posts Higher Profit July 23, 2025'The company continued to support the development of critical data center projects, with year-to-date data center awards of more than $650 million'.
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