Oil Industry

Refineries Crude Oil Refining Russian Oil Oil Prices Oil Production Production OPEC Venezuelan Oil OPEC+

U.S. Pauses Plan to Seize Sanctioned Tanker After Russian Flag Appears

Officials are verifying the tanker’s claimed Russian status to avert a diplomatic breach.

Oil Set for Biggest Yearly Drop Since 2020 as Supply Glut Looms

Maersk Tests Red Sea Transit as Lines Map Cautious Return to Suez

Cyberattack at PDVSA Triggers Reported Export Disruptions Despite Company Denial

PDVSA Reports Cyberattack, Says Operations Intact as It Accuses U.S. of Coercive Oil Strategy

Iran Seizes Foreign Tanker in Gulf of Oman Over Alleged Smuggled Diesel

Newport Beach Runs 24/7 Drill to Cap Leaking Orphan Oil Well as Two Homes Are Red-Tagged

San Diego County Passes Resolution Opposing New Offshore Drilling Off California Coast

Oil Gains as Traders Weigh Peace Prospects and U.S. Inventory Jump

Abu Dhabi’s IHC Joins Bidding for Lukoil’s Overseas Assets Under U.S. Sanctions Review

Oil Slides as Markets Weigh U.S.-Brokered Ukraine Peace Effort

Oil Drops to 4-Week Lows as Peace-Talk Hopes Sap War Premium and Stronger Dollar Weighs

Fire Contained at Venezuela’s Petrocedeño Oil Upgrader After Reported Explosion

India, Venezuela Pivot to Critical Minerals, Seek Revival of Dormant Joint Panel at CII Summit

Iran Confirms Seizure of Oil Tanker Talara Near Strait of Hormuz

Enbridge Greenlights $1.4 Billion Mainline Optimization to Add 250,000 Bpd by 2027

YPF Tops 200,000 Bpd of Shale Oil in Vaca Muerta

Oil Slides as OPEC+ Sees 2026 Market in Balance, Reviving Oversupply Fears

Romania to Assume Control of Lukoil’s Petrotel as US Sanctions Deadline Nears

Gunvor Pulls Bid for Lukoil’s Overseas Unit After U.S. Treasury Opposition