Crude Settles Higher as US Tightens Venezuela Blockade
Oil closed higher as US actions against Venezuelan tankers heightened geopolitical risk.
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Drones Hit Piers, Ships at Russia's Taman Black Sea Port
Russia said a drone attack damaged infrastructure and vessels in the Black Sea port of Taman.
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TechnipFMC Notches Build Contract for Coral North LNG in Mozambique
TechnipFMC won a 'substantial' engineering, procurement, construction and installation contract from Eni for the Coral North LNG project offshore Mozambique.
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EIA Raises 2025 USA Energy Demand Forecast
In its latest short term energy outlook, the EIA raised its U.S. total energy consumption forecast for 2025.
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USA Pursuit of 3rd Oil Tanker Intensifies Venezuela Blockade
U.S. forces chased the U.S.-sanctioned Bella 1 on Sunday as it was en route to Venezuela.
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Uniper Cancels $1.2B Remaining KfW Loan to Diversify Funding
'Uniper has secured two bilateral bank facilities with a combined commitment amount of EUR 0.7 billion which serve to partially replace the remaining KfW facility'.
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ADNOC Signs Up To $11B Financing Deal for Hail and Ghasha
'This financing transaction is the latest in a series of ADNOC-led pioneering infrastructure development partnerships that have been executed over the past decade', ADNOC said.
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ConocoPhillips Greenlights Norway North Sea Redevelopment Project
The three-field tieback to the Ekofisk Complex targets recoverable gas condensate resources of 90-120 million barrels of oil equivalent.
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Uganda National Oil Gets $2B Vitol Bahrain Loan
The loan will unlock key projects across the petroleum value chain.
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CNOOC Achieves 9th Startup in South China Sea in 2025
The state-backed company expects to add a capacity of about 18,000 boed from the Xijiang Oilfields 24 Block Development Project in the Pearl River Mouth Basin.