2+ day, 1+ hour ago   (292+ words) TotalEnergies SE and its partners plan to invest $10 billion in Angola’s oil sector over the next five years in order to sustain production in the country. The French energy company produces about 450,000 barrels of oil a day in Angola, more…...

3+ day, 11+ hour ago   (266+ words) Russia’s production of crude oil shrank in August, lagging further behind its OPEC+ quota, after Ukraine stepped up attacks on the nation’s oil assets. The country pumped an average of 8.718 million barrels a day of crude last month, the Organization…...

3+ day, 16+ hour ago   (1031+ words) “The milestone many hoped to avoid has arrived,” Patrick De Haan, Head of Petroleum Analysis at GasBuddy, said in the blog. “The national average price of gasoline on Labor Day set a new record for the holiday, eclipsing the previous…...

3+ day, 20+ hour ago   (470+ words) TotalEnergies SE on Thursday announced a discovery in Block 17 off Angola's Atlantic coast, which it expects to put into production this quarter. Acacia-5 will be tied back to the Pazflor floating production, storage and offloading (FPSO) vessel, adding 6,000 barrels per…...

4+ day, 11+ hour ago   (89+ words) Oil Surges as Attacks Escalate Rigzone Oil Surges as Attacks Escalate Brent oil topped $101 a barrel for the first time since July, as escalating attacks across the Middle East heightened concerns about further disruptions to energy flows out of the…...

4+ day, 16+ hour ago   (717+ words) The number of employees in the oil and gas extraction industry rose month on month, bucking a trend, data on the U.S. Bureau of Labor Statistics (BLS) website showed. According to preliminary figures included in the BLS data page, the number…...

4+ day, 17+ hour ago   (530+ words) The gas-fired facility, which has supplied NYISO Zone G since 1974, increases Houston, Texas-based PowerTransitions' capacity to about 1.8 gigawatts (GW) across eight power stations in the PJM, NYISO and ISO-NE markets, it said in a press release. Roseton's "scale and existing…...

6+ day, 11+ hour ago   (283+ words) Oil may rally to as much as $120 a barrel if attacks on shipping in the Middle East increase, according to Goldman Sachs Group Inc., which recommended bets on natural gas and diesel as a way to capture gains. “Events over…...

1+ week, 1+ day ago   (278+ words) Russia’s oil revenue slumped to a six-month low in August, reflecting lower export prices and compounding pressure on the Kremlin’s ability to finance its war in Ukraine. Accounting for about a fifth of Russia’s budget inflows, oil and gas revenues…...

1+ week, 2+ day ago   (361+ words) Rigzone Oil swung in thin holiday trading as renewed fighting between the US and Iran heightened supply concerns, while rare signs of progress toward ending the Russia-Ukraine war chipped away at the geopolitical risk premium West Texas Intermediate edged up…...