Tag: Oil

St Petersburg Oil Terminal Hit In Major Ukrainian Drone Attack

MOSCOW, July 4 (Reuters) – Russia’s second city of St Petersburg and the surrounding region came under a major Ukrainian drone...

Hormuz Oil Shipments Top 10 Million Barrels Per Day as U.S. Strengthens Maritime Security

Oil shipments moving through the Strait of Hormuz have climbed above 10 million barrels per day, signaling a significant...

US Sees 10 Million Barrels Via Hormuz Sapping Iran Oil Leverage

(Bloomberg) — Commercial shipping through the Strait of Hormuz has surged over the past few weeks, with American military support...

Multimillion-dollar encore extends CHC choppers’ Norwegian oil & gas run until 2030

Norwegian state-owned energy giant Equinor has ensured the continuation of helicopter activity in Central Norway...

VÃ¥r Energi in the clear to fire up sixth chapter of North Sea oil project

Norway’s oil and gas player Vår Energi has received authorization from the country’s authorities to bring...

US Oil Companies See Big Profit Jump, Gird for Clash Over Pump Prices With Trump

By Jarrett Renshaw and Sheila Dang July 3 (Reuters) – U.S. oil companies are set to report their strongest quarterly profits in...

ExxonMobil passes the baton for Australian oil & gas asset to Woodside

Australia’s oil and gas giant Woodside Energy has taken over the operator helm from the...

Altera Infrastructure on FPSO duty for Eni’s West African oil & gas project

Italy’s energy giant Eni has tasked Altera Infrastructure with the provision of a newbuild floating...

Japan Weighs Return to Iranian Oil as Shipping Risks Cloud Sanctions Waiver

By Jonathan Saul and Parisa Hafezi LONDON/DUBAI, July 3 (Reuters) – Iran has begun talks with Japanese companies under a U.S. sanctions...