US, Iran Engage in Fresh Clashes Near Hormuz
The clashes risk undermining talks over a U.S.-proposed deal to end the war.
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Adnoc LNG Tankers Go Dark to Get Gas Through Hormuz
Abu Dhabi National Oil Co. has managed to keep a trickle of liquefied natural gas exports moving through the Strait of Hormuz by concealing tanker locations.
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Oil Swings on Iran Deal Doubts
Energy markets remained volatile amid ongoing US-Iran tensions.
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Murphy Oil Avoids Gambling on Current Volatility
'During these uncertain times, our strategy is to stay anchored to what we control - disciplined capital allocation, safe and reliable operations and our long-cycle projects'.
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USA Crude Oil Stocks Drop by More Than 2MM Barrels WoW
Crude oil stocks, not including the SPR, stood at 457.2 million barrels on May 1, the EIA's latest weekly petroleum status report showed.
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USA Considers Tapping Oil Under Military Bases to Refill SPR
The reserve, created in the aftermath of the Arab oil embargo in the 1970s, is poised to reach its lowest level since 1982.
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EOG Profit Exceeds Expectations
EOG reported $1.83 billion in net income adjusted for nonrecurring items for the first quarter, up quarter-on-quarter and year-on-year on the back of higher crude and condensate production.
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Which USA Oil Major Produced the Most in 1Q 2026?
Which U.S. oil major produced the most in the first quarter of 2026 - ExxonMobil, Chevron, or ConocoPhillips?
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Aker BP Posts Higher Profit
An increase in liquids prices quarter-on-quarter and year-on-year offset a decrease in liquids and gas sales volumes.
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Eni Confirms Size of 'Giant' Gas Discovery offshore Indonesia
A drill stem test confirmed the preliminary assessment of about 5 trillion cubic feet of natural gas and 300 million barrels of condensate in the Geliga-1 discovery in the Kutei Basin.