Oil and Gas

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Oil Heads for Small Weekly Gain as Geopolitics Counter Oversupply

Saudi price cuts to Asia highlight weak demand despite persistent disruption risks.

Equinor and Aker BP Announce Two Gas-Condensate Discoveries in Sleipner Area

Chevron Sets 2026 Capex at $18–$19 Billion to Prioritize U.S. Shale and Guyana

Russia’s Oil Cash Crunch Deepens as Revenues Slide Despite Steady Exports

CNOOC Starts Production at Weizhou 11-4 Oilfield in Beibu Gulf

Targa Resources to Buy Stakeholder Midstream for $1.25 Billion to Expand Permian Footprint

One Killed in Erbil Unrest as Kurdistan Moves to Restart Khor Mor After Drone Strike

ConocoPhillips Wins Fresh Buy Ratings as Wolfe Lifts Target to $131, Points to Cash-Flow Ramp Through 2029

ADNOC Approves $150 Billion Five-Year Plan, Creates Ghasha Operator and Lifts UAE Reserves

Bessent Says Oil Could Fall "If Something Happens" in Venezuela

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

Interior Unveils Draft Offshore Leasing Plan Opening California and Eastern Gulf

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

PPL Rejects 'Artificial Island' Reports, Recasts Project as Marshland Drilling Setup Near Sindh

Serbia’s NIS Seeks U.S. License to Keep Operating as Russian Owners Agree to Sell

ConocoPhillips Confirms Otway Gas Discovery at Essington-1 With Ora Testing Planned

Interior Repeals Biden-Era Curbs on Alaska Petroleum Reserve, Clearing Way for New Leasing

Leaked Draft Shows Trump Plan to Resume Offshore Drilling Off California Coast

PRIO Takes Over Peregrino as Equinor Closes $2.33 Billion Stake Sale

Occidental Tops Q3 Forecasts, Lifts Cash Flow and Cuts Debt as It Moves to Sell OxyChem