How Policy Powered Guyana’s Oil Boom and Undermined Venezuela’s
The geopolitical landscape of South American oil is undergoing a significant transformation by early 2026, marked by a stark contrast between Guyana's burgeoning oil sector and Venezuela's declining o
Vitol, Total Snap Up North Sea Oil at Fastest Pace on Record
Major energy players Vitol Group and TotalEnergies SE are aggressively acquiring North Sea crude supplies at an unprecedented rate. This intense buying activity
ConocoPhillips reported significantly lower-than-expected adjusted earnings for the fourth quarter, reaching $1.3 billion, or $1.02 per share. This financial pe
OilPrice·Feb 5
Turkey, Chevron Sign Agreement on Global Exploration
Turkey and Chevron have formalized a new agreement focused on global exploration initiatives, marking a notable expansion of collaborative efforts between Turki
U.S. commercial crude oil inventories, excluding strategic reserves, experienced a notable weekly decline of 3.5 million barrels, signaling a tightening market.
Rigzone·Feb 5
Feb 5
MacGregor subsea crane for South Korean floating wind construction vessel