Finance

Equinor Q3 Profit Down Year-on-Year as Output Dips

Project turnarounds offset stronger production in Norwegian waters.

Valero Q3 Refining Margin More Than Halved Year-on-Year

Valero reported $364 million in net income attributable to shareholders for the ...

Oil Drops Amid Supply Glut Fears

Oil prices dipped as concerns about oversupply outweighed the risks of Middle Ea...

Russia Says It Can't Build All the Vessels It Needs for...

The Northern Sea Route stretches some 5,600 kilometers along Russia's coast betw...

Energy Skills Passport Will be Launched in January

'Collaboration is key to unlocking the full potential of the UK's offshore energ...

USA EIA Slashes WTI Oil Price Forecast

The U.S. Energy Information Administration cut its West Texas Intermediate oil p...

Saudi Oil Export Revenue Slumps to Lowest in Over 3 Years

The Saudi economy is still largely dependent on oil income for growth.

Transocean, Seadrill Mull Merger as Offshore Downturn E...

Transocean is in talks to merge with rival offshore drilling contractor Seadrill...

Dominion Energy Gets $2.6B from Sale of Virginia Offsho...

Dominion Energy closed the sale of a 50 percent non-controlling interest in the ...

Oil Falls on U.S. Inventory Build

Oil prices dropped as U.S. crude stockpiles surged, while geopolitical risks lim...

Regulator Reveals Latest UK Oil, Gas Reserves Estimate

The North Sea Transition Authority (NSTA) has revealed its latest UK oil and gas...

Analyst Expects Politics to Play Significant Oil Price ...

'Both Donald Trump and Kamala Harris are seeking to present different strategies...

API Says It Welcomes Court Decision Averting Gulf of Me...

'We welcome the court's pragmatic decision,' API Senior Vice President and Gener...

Suriname Scores Two-Notch Moody's Upgrade on Oil Windfall

'We expect the start of the oil production to lead to a period of very high grow...

Evergy to Add 705 MW of Power Generation Capacity in Ka...

Evergy is investing in two new 705-megawatt (MW) combined-cycle natural gas plan...

Oil Climbs as Traders Track War and Cease-Fire Talks

Oil prices rose as escalating tensions between Israel and Iran led to heightened...

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