Oil Industry News
A collection of Oil latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Daily on Energy, presented by TC Energy: WOTUS, the House agenda, and oil forecasts
Welcome to Dail y on Energy, written by Washington Examiner energy and environment writers Callie Patteson (@CalliePatteson) and Maydeen Merino (@MaydeenMerino). Email cpatteson@washingtonexaminer dot com or mmerino@washingtonexaminer dot com for…
Oil slips as loadings resume at Russian hub; markets weigh sanctions impact
SINGAPORE: Oil prices fell nearly 1% on Tuesday as supply concerns eased with the resumption of loadings at a Russian export hub, which was briefly halted by a Ukrainian drone and missile strike, as traders continued to assess the impact of Western…
HighPeak Energy (HPK): A Look At Development Plans With Various Oil Price Scenarios
HighPeak has outlined its plans at various oil prices. It expects to maintain production at $60 to $70 oil. Lower oil prices would result in modest production declines, while higher oil prices would result in some production increases. HighPeak's…
Fear of Sanctions Stymies Russia-to-China Oil Flows for Now
Expanding sanctions on Chinese ports and refiners are choking flows of Russian and Iranian oil to the world's No. 1 importer, although emerging workarounds suggest the slowdown may be fleeting. The big state-owned processors have paused purchases…
Indian oil firms to import US LPG
India has announced a major contract for sourcing liquified petroleum gas (LPG) from the US. The deal comes amid mounting pressure from the administration of US President Donald Trump to slash New Delhi's trade deficit with Washington and end oil…
Turkey State Oil Firm Plans $4 Billion Debt as It Boosts Output
Turkey's state energy company Turkiye Petrolleri AO plans to sell up to $4 billion in Islamic debt amid a push to expand its oil and gas production, the firm's first such international debt offering. The company, also known by its Turkish initials…
Oil and gas giant Wood plc sold to Dubai engineering firm - BBC News
The Scottish corporate giant that has played a leading role throughout Aberdeen's oil and gas era is being taken over. Aberdeen-based Wood plc has seen its value plummet and was at risk of collapse. It is to become part of Sidara, an international…
Canada's Oil Sands Make Their Comeback as US Shale Plateaus
Canada's oil sands are experiencing a comeback after years of living in the shadow of US shale. Crude output is climbing to new highs, the nation's top producers are seeing their shares soar and interest in the industry is rising among US…
Oil Declines After Tanker Activity Resumes at Russia's Novorossiysk Port
0113 GMT — Oil declines in the early Asian session after oil tanker activity resumed at Russia's Novorossiysk port. “The port had to suspend operations last week following a Ukrainian drone strike,” CBA's Vivek Dhar says in a…
City Oil Field debuts world's 1st low-temp, noncombustion plastic recycling tech
City Oil Field has become the first company in the world to commercialize a low-temperature, noncombustion catalytic plastic decomposition technology, a breakthrough expected to advance Korea's circular economy and carbon-reduction goals. The…
Crude oil futures decline as US sanctions on Russian oil majors loom
Crude oil futures traded lower on Tuesday morning as markets assessed the impact of US sanctions on Russian oil majors that take effect on November 21. At 9.57 am on Tuesday, January Brent oil futures were at $63.75, down by 0.70 per cent, and…
Oil slips as loadings resume at Russian hub; markets weigh sanctions impact
Oil prices dipped on Tuesday as supply concerns eased with the resumption of loadings at a Russian export hub, briefly halted by a Ukrainian drone and missile strike, while traders continued to assess the impact of Western sanctions on Russian…
US Treasury says sanctions on Rosneft, Lukoil cut Russia oil revenue
WashingtonNovember 18, 2025 06:30 AM IST First published on: Nov 18, 2025 at 06:30 AM IST The US Treasury said on Monday that US sanctions against Russian oil majors Rosneft and Lukoil are already reducing Russian oil revenues and are likely to…
Energy & Utilities Roundup: Market Talk
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 1919 GMT – Oil futures remain rangebound as geopolitical issues counter bearish concerns about global…
Novorossiysk Oil Terminal Resumes Operations After Ukrainian Attack
Oil shipments from Russia's Black Sea port of Novorossiysk have resumed, energy officials in Kazakhstan said on Monday, just days after a Ukrainian air attack damaged terminal infrastructure in the area. Kazakhstan's Energy Minister Erlan…
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