Dallas Fed Energy Survey Shows Oil, Gas Sector Activity Increase in 1Q
The business activity index remained in positive territory, the Federal Reserve Bank of Dallas said.
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Oil Prices Dive on Trump Tariffs and OPEC Surprise
Oil prices tumbled over 6% as Trump's aggressive tariffs and a surprise OPEC+ supply boost rocked markets.
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Phillips 66 Seals Acquisition of EPIC Midstream Assets
The $2.2 billion purchase includes NGL pipelines, fractionation facilities and distribution systems.
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Russia Official Dmitriev to Meet Envoy Witkoff in Washington
Dmitriev on Thursday confirmed he was in Washington for meetings with representatives of the U.S. administration.
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VARO to Take Over Preem
'On completion, we will become Europe's second largest renewable fuel producer with an extensive distribution and storage network across major European markets'.
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OPEC+ Agrees to Make Larger Than Expected Supply Hike in May
The group led by Saudi Arabia and Russia will add 411,000 barrels a day to the market next month, according to a statement posted on the OPEC website.
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District Judge's Gulf Ruling Has Major Implications on Future Lease Sales
'It means that environmental groups can bring lawsuits against the Interior Department just because they don't agree with a certain aspect of their environmental impact statement', Ellen R. Wald, the President of Transversal Consulting, told Rigzone.
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EIP Raises Stake in Eni Renewables Arm to 10 Percent
EIP injected about $230.42 million in additional capital into Plenitude, increasing its stake to 10 percent.
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BP, Repsol Start Production at Cypre Gas Project in Trinidad
The field, part of 10 projects that BP aims to start up between 2025 and 2027, is expected to deliver about 250 MMscfd of gas at peak.
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USA Crude Oil Inventories Rise More Than 6MM Barrels Week on Week
Crude oil stocks, not including the SPR, stood at 439.8 million barrels on March 28, the EIA showed in its latest weekly petroleum status report.