/oil?format=feed Oil en-US Thu, 27 Feb 2025 13:01:49 -0500 /news/522935-new-oil-export-pact-for-venezuela-could-be-in-the-works-sources The cancellation of a license for Chevron to operate in Venezuela could lead to the negotiation of a fresh agreement between the U.S. producer and state company… Thu, 27 Feb 2025 18:01:49 Z /news/522935-new-oil-export-pact-for-venezuela-could-be-in-the-works-sources /news/519052-india-defends-propping-up-russian-oil-prices-would-have-hit-the-roof Global oil prices 'would have hit the roof' if big importer India had not bought oil from Russia following the Ukraine war, India's oil minister said, adding that… Sat, 09 Nov 2024 13:28:42 Z /news/519052-india-defends-propping-up-russian-oil-prices-would-have-hit-the-roof /news/518057-north-sea-crude-ekofisk-and-forties-lose-ground North Sea Ekofisk and Forties crude differentials lost ground in the week's opening session on keen selling interest in the Platts window.PLATTS WINDOW* Indications… Mon, 14 Oct 2024 18:30:44 Z /news/518057-north-sea-crude-ekofisk-and-forties-lose-ground /news/517779-oil-set-for-biggest-weekly-gains-in-two-years Oil prices rose for a fourth consecutive session on Friday as investors braced for a potential Israeli strike on Iranian energy infrastructure, setting up crude… Fri, 04 Oct 2024 20:18:08 Z /news/517779-oil-set-for-biggest-weekly-gains-in-two-years /news/517405-shell-restarts-stones-platform-as-hurricane-forecast-shifts Shell said on Tuesday it has started the process of restoring oil production at its Stones platform as the forecast of a looming major hurricane in the U.S. Gulf of Mexico shifted… Tue, 24 Sep 2024 20:16:30 Z /news/517405-shell-restarts-stones-platform-as-hurricane-forecast-shifts /news/516897-us-gulf-coast-energy-facilities-brace-for-storm-francine Energy facilities along the U.S. Gulf Coast have begun scaling back operations and evacuating some production sites as Tropical Storm Francine swept through the energy-rich region… Tue, 10 Sep 2024 14:00:46 Z /news/516897-us-gulf-coast-energy-facilities-brace-for-storm-francine /news/516772-opec-has-oil-price-and-demand-problems-it-should-solve-demand OPEC+ has two problems and two solutions.The first problem is that crude oil prices are too low for the comfort of most of the members of the group, which pulls… Fri, 06 Sep 2024 03:27:17 Z /news/516772-opec-has-oil-price-and-demand-problems-it-should-solve-demand /news/516453-equinor-could-reevaluate-uk-oil-investments-amid-potential-tax-hikes Norway's Equinor may reconsider investing in oil and gas in Britain if the Labour government changes the industry's tax regime, a top company executive told Reuters… Wed, 28 Aug 2024 14:44:56 Z /news/516453-equinor-could-reevaluate-uk-oil-investments-amid-potential-tax-hikes /news/516403-johan-castberg-oilfield-expected-to-reach-full-output-in-h1-2025 Equinor's Arctic Johan Castberg oilfield is expected to reach full production of some 220,000 barrels per day in the first half of 2025, a senior company official said on Tuesday… Tue, 27 Aug 2024 14:06:22 Z /news/516403-johan-castberg-oilfield-expected-to-reach-full-output-in-h1-2025 /news/516296-equinor-to-resume-gullfaks-c-output-after-well-incident Norway's Equinor has begun work to resume output at its Gullfaks C oil and gas platform in the North Sea after a shutdown on Sunday, a company spokesperson said on Tuesday… Fri, 23 Aug 2024 15:01:12 Z /news/516296-equinor-to-resume-gullfaks-c-output-after-well-incident /news/516248-egypt-plans-to-restore-normal-oil-and-gas-production-by-2025 Egypt plans to return oil and gas production to normal levels from 2025 with the help of international partners, Prime Minister Mostafa Madbouly said in a press conference on Thursday… Thu, 22 Aug 2024 16:52:55 Z /news/516248-egypt-plans-to-restore-normal-oil-and-gas-production-by-2025 /news/516247-opec-faces-moment-of-truth-on-planned-output-increase In the next few weeks, Saudi Arabia and its OPEC⁺ allies must take a delicate decision about whether to proceed with planned production increases from October, or… Thu, 22 Aug 2024 16:41:17 Z /news/516247-opec-faces-moment-of-truth-on-planned-output-increase /news/516221-demand-concerns-drive-oil-prices-down Oil prices edged lower for a fifth session on Thursday as investors worried about the global demand outlook, however a decline in U.S. fuel inventories limited declines… Thu, 22 Aug 2024 09:35:36 Z /news/516221-demand-concerns-drive-oil-prices-down /news/516061-ultra-high-pressure-oil-wells-could-unleash-another-2b-barrels-from-gom U.S. energy firms last week cut oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday… Sun, 18 Aug 2024 16:30:03 Z /news/516061-ultra-high-pressure-oil-wells-could-unleash-another-2b-barrels-from-gom /news/516054-libya-s-waha-oilfield-resumes Maintenance on the Zaggut-Sidra pipeline linking Libya's Waha oilfield to the port of Es-Sider has been completed and flows have resumed, Waha Oil Company said on Friday… Fri, 16 Aug 2024 17:53:36 Z /news/516054-libya-s-waha-oilfield-resumes