Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Energy Up on Oil Rally, Conoco Earnings -- Energy Roundup
Shares of energy companies rose after Conoco earnings and an up-tick in oil prices. Shares of Houston oil major ConocoPhillips rose as the exploration-and-production giant posted second-quarter adjusted earnings ahead of Wall Street targets. Oil…
Oil Industry Launches Lobbying Blitz To Block Trump Export Restrictions On Exxon (NYSE: XOM) And Chevron (NYSE: CVX)
The U.S. oil industry has shifted into emergency mode, mounting an aggressive campaign to prevent the Trump administration from restricting fuel exports to foreign countries. Industry executives say the business of exporting fuel has boomed since…
Ukraine says two Russian oil refineries hit, as Moscow targets energy sites
Ukraine has said it conducted multiple overnight strikes deep inside Russia, hitting two oil refineries, as well as patrol boats and other vessels in the Black Sea. President Volodymyr Zelensky said the Bashneft-Novoil and Slavneft-Yanos refineries…
Ukraine hits two oil refineries deep in Russian territory
Ukraine said it has hit two oil refineries in multiple strikes deep inside Russia with patrol boats and other vessels in the Black Sea also hit. President Volodymyr Zelensky said the Bashneft-Novoil and Slavneft-Yanos refineries were struck in the…
Chevron's Kazakh Oil Field Accused of Waste-Storage Violation
The Chevron Corp. -led Tengiz oil field, the largest in Kazakhstan, has been accused by regional authorities of storing waste at the site without an appropriate permit. An unscheduled inspection of the Tengizchevroil LLP project by the Department…
Oil prices steady amid uncertainty over Iran war - TT
Gas prices are displayed at a Mobil gas station in Miami Gardens, Fla. (Marta Lavandier/AP) Oil prices are steady amid uncertainty about the direction of the U.S. war with Iran. Markets will get an update Aug. 7 on U.S. jobs with the monthly…
ONGC Overseas Unit Seeks Operatorship of Venezuela Oil Blocks
Oil & Natural Gas Corp. 's overseas investment arm is seeking to take over operatorship of two shallow onshore oil blocks in Venezuela from state-run Petroleos de Venezuela SA, as the South American nation becomes a key focus after receiving a US…
Oiles Corp 1Q Net Y1.08B Vs Net Y1.20B
Oiles Corp. (6282.TO) Japan 1st Quarter Ended June 30 GROUP 2026 2025 Revenue Y16.83 bln Y16.70 bln Operating Profit Y1.87 bln Y1.68 bln Pretax Profit Y1.82 bln Y1.77 bln Net Profit Y1.08 bln Y1.20 bln Per share Earnings Y36.88 Y41.07 Results are…
Ukraine strikes more oil facilities deep inside Russia, Zelenskyy says
KYIV, Ukraine — Ukraine hit more oil facilities deep inside Russia in overnight attacks, President Volodymyr Zelenskyy said Thursday, as Kyiv kept up its campaign to undermine Moscow's wartime economy and embarrass the Kremlin. The repeated…
Ukraine strikes Russian oil refineries; 6 killed, dozens hurt in Ukraine
Aug. 6 (UPI) -- Ukraine said Thursday that it hit two oil refineries deep inside Russian territory in strikes overnight as well as tankers in Russia's so-called shadow fleet and Russian naval vessels in the Black Sea. Six people were killed and 28…
Ukraine Says It Hit Two of Russia's Oil Refineries Overnight
Ukraine struck two of Russia's oil refineries overnight, the latest in a flurry of attacks that show a resumption of the assault on the nation's fuel-production industry. Ukrainian forces hit the Yaroslavl refinery, one of Russia's largest…
Miyoshi Oil & Fat Co 1H Net Y838.00M Vs Net Y8.74B
Miyoshi Oil & Fat Co. Ltd. (4404.TO) Japan Half-Year Ended June 30 GROUP 2026 2025 Revenue Y31.41 bln Y29.54 bln Operating Profit Y1.27 bln Y553.00 mln Pretax Profit Y1.27 bln Y536.00 mln Net Profit Y838.00 mln Y8.74 bln Per share Earnings Y82.20…
Exxon Links New $80 Billion Kazakh Oil Venture to Ending Dispute
ExxonMobil Holdings Corp. has told Kazakhstan that a potential $80 billion joint investment to expand the Kashagan oil field is contingent on resolving a long-running $150 billion dispute between the government and international companies…
Stock markets edged higher in early trade amid lower crude oil prices, buying in Reliance Industries
Stock market benchmark indices Sensex and Nifty edged higher in opening trade on Thursday (August 6, 2026) amid lower crude oil prices and buying in Reliance Industries. The 30-share BSE Sensex climbed 201.43 points to 78,782.43 in opening trade.
Northern Oil and Gas: Q2 Earnings Snapshot
MINNETONKA, Minn. (AP) — MINNETONKA, Minn. (AP) — Northern Oil and Gas Inc. (NOG) on Thursday reported second-quarter net income of $236.6 million. The Minnetonka, Minnesota-based company said it had profit of $2.19 per share.
Receive a Daily briefing on Oil Industry News
Get Started