Vitol Steps Up Venezuela Oil Buying Before USA License Lapses
Vitol is set to load at least 2.5 million barrels of Venezuelan oil this month, according to documents seen by Bloomberg.
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Oil Slumps as Consumer Confidence Sinks
US consumer confidence weakened sharply, reinforcing fears of slowing oil demand.
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Golden Pass LNG Gets FERC Commissioning Permit
QatarEnergy and ExxonMobil secured regulatory approval to commission their Sabine Pass, Texas LNG project.
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June Natural Gas Contract 'Jumps Into Front Month Role'
'The May contract rolled off the board at $3.170 yesterday as natural gas buyers awakened from a month-long slumber', Eli Rubin, an energy analyst at EBW Analytics Group, said.
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Sockeye-2 Well Flow Test Proves High-Quality Reservoir: APA
The North Slope well averaged 2,700 bopd during a 12-day test.
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Offshore TotalEnergies Workers Being Balloted for Strike Action
Unite announced that offshore workers employed by TotalEnergies are being balloted for strike action.
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Woodside Reaches $17.5-B Investment Decision on Louisiana LNG
The Australian company approved phase 1, which involves 3 liquefaction trains with a combined capacity of 16.5 MMtpa, out of a total permitted capacity of 27.6 MMtpa.
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Crescent Closes Sale of Permian Basin Assets for $83MM
The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3,000 barrels of oil equivalent (boepd).
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EnQuest Wins Bidding for 2 PSCs in Indonesia
EnQuest said the award marks its entry into Indonesia, 'a country that offers a broad range of growth opportunities that span the full upstream lifecycle'.
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Total USA Petroleum Products Demand Projected to Rise in 2025 and 2026
The EIA expects total U.S. petroleum products consumption to increase in 2025 and 2026.