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Energy
Guyana now entitled to nearly 40% of production from oil block, president says
Guyana is now entitled to 39.8% of crude production from a large ExxonMobil-led offshore project, the country's President Irfaan Ali said on Tuesday.
Energy
Russia reroutes Kazakh crude to Black Sea to free Baltic export capacity, sources say
Russia is rerouting Kazakhstan's crude oil exports from the Baltic port of Ust-Luga to the Black Sea port of Novorossiysk, freeing up capacity for more Russian oil exports from th...
Energy
Norway's Equinor enters Namibia oil exploration with Chevron deal
Equinor said on Tuesday it has agreed to buy a stake in an oil exploration licence in Namibia from a subsidiary of U.S. energy major Chevron as the Norwegian company seeks to boo...
Energy
Aramco and Maaden to form mineral exploration venture in Saudi Arabia
State oil giant Saudi Aramco and Saudi mining company Maaden plan to form a joint venture that will focus on mineral exploration and hard-rock mining in the kingdom, they said ...
Energy
Proposed Canadian crude oil pipeline projects
A series of new Canadian crude oil export pipeline projects could help the world's fourth-largest oil producer meet global demand and come closer to achieving Prime Minister Ma...
Energy
Idemitsu starts sourcing Saudi crude via Suez route, sees no risk to stable supplies -president
Idemitsu Kosan , Japan's second-largest oil refiner, has begun sourcing Saudi crude from Yanbu via the Suez route and the Cape of Good Hope and sees no near-term threat to stable ...
Energy
India's Torrent Gas to file updated draft papers for up to $418 million IPO, sources say
India's Torrent Gas aims to file updated draft papers for an initial public offering of up to 40 billion rupees ($418.09 million) as early as this week, two sources aware of the ...
Energy
Saudi Arabia resumes oil loadings, sales from inside Strait of Hormuz
Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant offers spot heavy crude cargoes, accordi...
Energy
China's state shippers deploy oil tankers outside Gulf, avoid chokepoints, sources say
Two Chinese shipping giants have stopped sending oil tankers through two Middle East chokepoints amid ongoing conflict and are instead collecting oil cargoes outside the Gulf, acc...
Energy
China's fuel exports edge back towards levels before Iran war as Beijing eases curbs
China's exports of refined oil products in July fell 12.9% year-on-year but rose 6.7% from the previous month, customs data showed on Tuesday, as the easing of export curbs allowe...
Energy
Equinix signs fourth Singapore solar PPA with Flo Energy
Data center firm Equinix said on Tuesday it has signed a new renewable energy Power Purchase Agreement with Flo Energy Singapore, the California-based company's fourth such agree...
Energy
Oil climbs as fading US-Iran peace hopes raise supply risks
Oil prices rose on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the United States ruling out ext...
Energy
BHP profit tops estimates as copper powers growth, highest dividend in 4 years
BHP Group reported better-than-expected full-year earnings and declared its highest annual dividend in four years, boosted by record copper prices that cemented the red metal's le...
Energy
Tropical Storm Lala leaves over 111,000 customers without power in Hawaii
Tropical Storm Lala left more than 111,000 utility customers without power across Hawaii on Monday, according to data from PowerOutage.us.
Energy
US diesel crack surpasses $100 a barrel for the first time on supply disruptions
The U.S. diesel crack, a key measure of refining profitability, hit an all-time high of $102.20 a barrel on Monday as global supply disruptions from the wars in Iran and Ukraine r...
Energy
ExxonMobil awards $1.1 billion in contracts for Mozambique's Rovuma LNG project
ExxonMobil said on Monday it has awarded about $1.1 billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado.
Energy
US energy chief says he will speak to refiners about boosting output
U.S. Energy Secretary Chris Wright said he would talk to U.S. refiners on Monday about ways to boost fuel production in an effort to lower gasoline prices that remain stubbornly ...
Energy
Canadian miner NexGen Energy holds talks with BHP as it seeks $1 billion for uranium project
Canadian uranium miner NexGen Energy is sharing information and "talking regularly" with mining giant BHP, about its Rook I mining project in Saskatchewan, CEO Leigh Curyer told R...
Energy