Tag Archives: MarketWatch

TotalEnergies’ Senior Vice President Africa, Exploration and Production, Henri-Max Ndong Nzue said Monday that his company will drill a crude oil exploration well in the Republic of Congo. Nzue was speaking to members of the press after a meeting with Congolese President Denis Sassou N’Guesso. “Looking ahead, we have an …

European officials are scrambling to lock down energy supplies they would need to keep their economies churning if hostilities around Ukraine imperil natural gas piped from Russia, and have turned to the U.S. for help finding backup sources beyond Moscow’s control. In recent weeks, as Russia has positioned more than …

Oil futures settled sharply lower on Monday, with U.S. prices down almost 5%. The decline follows a decision by the Organization of the Petroleum Exporting Countries and their allies last week to incrementally increase production from May through July. There’s also a “reduced demand outlook with COVID cases rising dramatically …

An alliance of crude producers led by Saudi Arabia is pushing OPEC and its allies to increase oil production starting in August, officials in the group said, amid signs that demand is returning to normal levels following coronavirus-related lockdowns. Key members of the Organization of the Petroleum Exporting Countries and …

Satellites and artificial intelligence are changing every aspect of the oil industry and oil markets.

Energy majors’ second-quarter results have been hit by lower oil and gas prices versus the same period a year ago.

The European Union’s support is a key factor that could go a long way towards ensuring the success of any EV battery-related venture.

China has seen an explosive growth of natural gas consumption over the years.

Venezuela has struck a $1.4 billion deal to retain control of Citgo Petroleum Corp.

APEC meeting provides once again that the two sides remain far from any agreement on trade.