The real-time price of Brent crude oil is at $79.22 per barrel, and the price of WTI crude oil is at $76.57 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...
The London-based energy company with assets in Vietnam and Egypt said year to date average production was 5,760 barrels of oil equivalent per day net, in line with 2024 guidance of 5,200 to 6,500 ...
Oil has made headlines during this coronavirus crisis, although not for reasons investors want to see. In addition to issues caused by international events, especially those that impede the safe ...
Seplat’s goal is to lift output to more than 200,000 barrels a day, from about 71,000 barrels of oil equivalent daily now, Chief Executive Officer Roger Brown said in the same interview ...
China’s CNOOC has struck a deal to sell its business in the United States to Britain’s Ineos, the two companies reported over the weekend. The deal is worth $2 billion and includes stakes in ...
In 2020, few investors would have dreamed that oil stocks would be where they are now. At the time, a mysterious virus was spreading rapidly throughout the world, inducing a panic-fueled selloff ...
In contrast, oil stocks were some of the few shining stars during the bear market of 2022. In fact, energy was the only sector to post a gain that year. This year? Not so much. Of the 23 energy ...
Shell Plc’s subsidiary in Nigeria will begin oil and gas production offshore at the Bonga North floating facility by the end of the decade. Production should peak at about 110,000 barrels of oil ...