Oil&Gas

The market reaction to OPEC's latest production policy announcement was excessively negative, partly due to many executed trades based on trend-following algorithms,…
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By Jeslyn LerhSINGAPORE (Reuters) -Oil extended gains from the previous session on Thursday amid growing expectations the Federal Reserve will cut interest rates in September,…
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BP Exploration & Production Inc. has signed a letter of intent (LOI) with Seatrium Ltd. for work on bp’s deepwater Kaskida project—a greenfield development about 250 miles…
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Nigeria's national labor unions have suspended a general strike for one week of additional negotiations, just a day after paralyzing simultaneous walkouts hit the…
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ATHENS, June 4 (Reuters) – The crude oil tanker market is grappling with an ageing fleet of vessels which need to be replaced, posing a challenge as shipyards are focused on…
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The governors sent a letter to President Biden with steps they would like to see his administration take to deregulate the oil and gas industry. NEW ORLEANS…
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NYMEX petroleum contracts were sharply lower Monday and the aggressive selling may have more room to run as contracts were at or near fresh intraday lows before midday.…
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South Korean President Yoon Suk Yeol gave the green light on Monday to conduct exploratory drilling for potentially vast oil and gas prospects found off the east coast of the…
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THE MANAGERS of Saudi Aramco could have the cushiest jobs in the energy business. The state-run oil colossus produces 9m barrels of oil a day, more than any other firm and…
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An oil and gas field services truck that parked in an electric vehicle charging spot earned the fury of Reddit as well as a number of puzzled responses. A witness said…
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