Blog category - Oil Industry

ExxonMobil has already begun work on producing lithium in the southwest region of Arkansas with the aim of become a leading supplier of the metal, which is vital to

Despite it being mere weeks since the US temporarily lifted most of its sanctions on Venezuela, many big independent oil traders are already offering shipments of the country’s crude oil.

Hayan Abdel Ghani, the oil minister of Iraq, has said the country expects oil exports to resume soon from the semi-autonomous region of Kurdistan through a pipeline to Turkey.

The CEO and Chairman of Chevron, Mike Wirth, has said the US-based oil major has earmarked $10 billion up to 2028 to invest in

UK-based energy giant BP has announced that it has successfully initiated production in the Seagull field.

The Malaysian state-owned energy company Petronas has discovered oil within the Roystonea-1 well while exploring Block 52 offshore of Suriname.

According to recent data from the US Energy Information Administration, the production of crude and condensate in the United States surpassed pre-pandemic levels in August.

Shell has posted its third-quarter earnings, and with them being roughly in line with analysts’ expectations, it has avoided the drop in share price that BP experienced after it recently announced disappointing financial results.

Murray Auchincloss, the acting CEO of energy giant BP, has dismissed speculation that his company could be

Both Chevron and ExxonMobil have posted profits for the third quarter that were below market expectations, amid a backdrop of

The state-owned Norwegian energy company Equinor has reported that its oil production in the third quarter of this year increased by 13% compared to the same period last year.

The US Energy Information Administration has released an assessment of how crude oil production may increase in Venezuela.