OilPrice

MARCH 25, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.6 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.2 million barrels for the week ending March 21. Analysts had expected a dip of 2.5

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American Petroleum Institute Crude Oil API Oil 345

OilPrice

APRIL 1, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 6.037 million barrels for the week ending March 28, after a 4.6 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 million barrels again to 396.4

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Crude Oil American Petroleum Institute API Oil 336

OilPrice

MAY 6, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.49 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 600,000 barrels million barrels in the week ending May 2, after analysts had estimated a 2.5-million-barrel

American Petroleum Institute 279

American Petroleum Institute API Crude Oil Oil 279

OilPrice

MARCH 26, 2025

oil inventory report by the American Petroleum Institute and expectations of tighter supply on Washingtons double-down on oil sanctions against Iran and Venezuela. per barrel, after the American Petroleum Institute reported on Tuesday that oil inventories in the county had fallen by 4.6 Brent crude was trading at $73.13

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American Petroleum Institute Oil Petroleum Crude Oil 302

OilPrice

MARCH 18, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.593 million barrels for the week ending March 14. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 Analysts had expected a smaller 1.7

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Crude Oil American Petroleum Institute API Oil 298

OilPrice

MAY 25, 2025

Geological Survey (USGS) has discovered large oil and gas deposits in the Mowry Composite Total Petroleum System that spans parts of Wyoming, Colorado and Utah. The Department of the Interior has announced that the U.S.

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Gas Oil Natural Gas Barrel 342

OilPrice

APRIL 29, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose 3.76 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 1 million The API reported a 4.565 million barrel dip in the prior week.

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Crude Oil American Petroleum Institute API Oil 260

OilPrice

APRIL 22, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell 4.565 million barrels in the week ending April 18. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 500,000 barrels to 397.5 The API estimated a 2.4

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American Petroleum Institute API Crude Oil Oil 286

BOE Report

APRIL 28, 2025

Woodside Energy is in talks with an overseas unit of Kuwait Petroleum to sell a stake in its Louisiana liquefied natural gas plant in the U.S., The overseas unit, Kuwait Foreign Petroleum Exploration, is also considering securing LNG supply from the project, the [Read more]

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Petroleum Natural Gas Gas Energy 102

OilPrice

MAY 13, 2025

TotalEnergies is expected to submit this summer a field development plan for the Venus project, while BW Energy and Namibia are finalizing a plan to develop a smaller discovery, Maggy Shino, Petroleum Commissioner at the Namibian Ministry of Mines and Energy, said on Tuesday. Both TotalEnergies and BW Energy are set to make

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Offshore Oil Petroleum Field 315

OilPrice

MAY 6, 2025

OPECs second-largest producer, Iraq, exported crude oil and petroleum products worth $29.58 Total Iraqi crude and refined petroleum product exports to India were valued at $29.58 billion to India last year, trade data reported by Shafaq News showed on Tuesday. billion, of which $28.6

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Crude Oil Oil Petroleum 241

OilPrice

MARCH 11, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.247 million barrels for the week ending March 7. Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 Analysts had expected a 2.1 Inventory

American Petroleum Institute 271

American Petroleum Institute Crude Oil API Barrel 271

OilPrice

MAY 16, 2025

State-controlled Egyptian General Petroleum Corporation (EGPC) is looking to buy via a tender nearly 2 million tons of fuel oil to be delivered in May and June, a source with direct knowledge of the plans told Bloomberg on Friday.

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Oil Gas Natural Gas Petroleum 323

OilPrice

APRIL 10, 2025

Through bold investments, innovative technologies, and a relentless drive to both secure and diversify their energy sources, Chinas Big Three NOCs China National Petroleum Corporation (CNPC), China Petroleum & Chemical Corporation (Sinopec), and China National Offshore Oil Corporation (CNOOC)

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Energy Energy Petroleum Offshore 257

OilPrice

MAY 23, 2025

South Africa has officially launched the South African National Petroleum Company (SANPC), a new state-owned oil enterprise designed to consolidate and energize the countrys long-stalled hydrocarbons sector.

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Oil Energy Energy Petroleum 299

Marcellus Drilling News

MAY 22, 2025

Marathon Petroleum) bought out and merged in the Utica Shales premier midstream company, MarkWest Energy, for $15 billion (see MarkWest Energy Investors/Unitholders Approve Merger with Marathon). In late 2015, MPLX (i.e.,

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Midstream Petroleum Basin Operator 226

NGT News

JANUARY 27, 2021

says PowerTap Hydrogen Fueling, its investee company, has executed a definitive agreement with Humboldt Petroleum Inc., Peninsula Petroleum LLC and Colvin Oil I LLC (collectively, the Andretti Group) to install PowerTap’s modular hydrogen fueling stations this year. Clean Power Capital Corp. – […].

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Petroleum Oil Operator IT 241

OilPrice

APRIL 30, 2025

On Tuesday, the American Petroleum Institute (API) reported a sizeable build in US crude oil inventories of 3.76 Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration. million barrels in U.S. At 10:29 am in New York,

American Petroleum Institute 312

American Petroleum Institute Crude Oil API Barrel 312

OilPrice

MAY 14, 2025

On Tuesday, the American Petroleum Institute (API) reported a surprise build in US crude oil inventories of 4.287 million barrels in U.S. Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration. At 10:21am in New York, the

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American Petroleum Institute Crude Oil Oil API 309

OilPrice

MAY 7, 2025

billion in deepwater oil and gas exploration and development offshore Nigeria, the local regulator, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has said. supermajor ExxonMobil plans to invest as much as $1.5

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Upstream Offshore Petroleum Oil 290

OilPrice

APRIL 28, 2025

Suriname, a small country with a population of less than 700,000, which is among South Americas poorest, is believed to possess petroleum While Guyanas economy is booming, becoming an oil superpower, neighboring Suriname has yet to benefit from the basins immense hydrocarbon potential, despite world-class oil discoveries in offshore Block 58.

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Oil Basin Offshore Petroleum 277

OilPrice

MAY 13, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 4.287 million barrels in the week ending May 9a shock after analysts had estimated a 2.4-million-barrel Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR)

Crude Oil 221

Crude Oil American Petroleum Institute API Oil 221

OilPrice

APRIL 22, 2025

Take fracking, which made Americas petroleum industry great again. But there is another aspect of water relevant to resource industries, namely that its scarcity will inhibit or raise costs of resource development, including that of oil and gas. It requires large quantities of water. And after the fracking, the drillers have to do something

Petroleum 334

Petroleum Oil Gas IT 334

OilPrice

MARCH 12, 2025

Energy Information Administration, rebounding from a slide earlier in the week, even after the American Petroleum Institute (API) reported on Tuesday a build of 4.247 million barrels in U.S. Crude oil prices were trading up prior to the crude data release by the U.S. crude oil inventories amid strong product draws.

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American Petroleum Institute Crude Oil API Barrel 331

OilPrice

APRIL 16, 2025

On Tuesday, the American Petroleum Institute (API) reported a build of 2.4 Energy Information Administration after a sharp dip over the last couple of weeks in the wake of the tariff war between the United States and China. million barrels in

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American Petroleum Institute Crude Oil API Barrel 326

OilPrice

MAY 8, 2025

million bpd from the initial two million barrels given to them by the President, Nigerias petroleum resources minister, Heineken Lokpobiri told the Sun on the sidelines of the Oil Technology Conference Africa Energy Forum. When the new NNPC management visited me, I increased their oil production target to 2.5

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Oil Barrel Petroleum Government 279

OilPrice

APRIL 9, 2025

On Tuesday, the American Petroleum Institute Energy Information Administration, continuing their slide after another volley in the tariff war between the United States and China was manifest in an announcement of 84% tariffs levied on the US beginning April 10.

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American Petroleum Institute Crude Oil Oil Petroleum 321

OilPrice

APRIL 15, 2025

The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose by 2.4 Earlier this week, the Department of Energy (DoE) reported that crude oil inventories in the Strategic Petroleum Reserve (SPR) climbed 0.3 million barrels for the week ending April 11.

Crude Oil 236

Crude Oil American Petroleum Institute API Oil 236

OilPrice

MAY 7, 2025

On Tuesday, the American Petroleum Institute (API) reported a sizeable build in US crude oil inventories of 4.49 Energy Information Administration released on Wednesday. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration. million barrels in U.S. At 11:01 am in New York, the

Crude Oil 278

Crude Oil American Petroleum Institute Oil API 278

OilPrice

APRIL 2, 2025

Iran is targeting a dramatic increase in oil production from the fields it shares with neighbouring Iraq, according to the chief executive officer of its Petroleum Engineering and Development Company (PEDEC), Nasrollah Zarei.

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Field Oil Petroleum Engineer 311

OilPrice

MARCH 7, 2025

Shells subsidiary Sabah Shell Petroleum Company Ltd, announced first oil production from Phase 4 of the Gumusut-Kakap-Geronggong-Jagus East deepwater offshore development project. The Phase 4 production is flowing to the existing Gumusut-Kakap Semi-submersible Floating Production

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Offshore Oil Petroleum Gas 304

OilPrice

APRIL 1, 2025

this year, according to state giant China National Petroleum Corporation (CNPC). Stronger economic growth than previously expected and booming demand for petrochemicals will lift Chinas oil demand by 1.1%

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Oil Barrel Petroleum 309

OilPrice

MAY 9, 2025

and Shaanxi Yanchang Petroleum Group, bought 1 million barrels of Murban crude each, at a premium of about $5 above the August ICE Brent futures, traders told Bloomberg. The buyers, independent refiners Fuhai Group Co.

Petroleum 262

Petroleum Barrel Oil 262

OilPrice

APRIL 23, 2025

On Tuesday, the American Petroleum Institute (API) reported a different story: one that showed a large draw of 4.565 million barrels in U.S. Crude oil prices were trading down prior to the crude data release by the U.S. Energy Information Administration, continuing the price slide that began when the Liberation Day tariffs were announced.

American Petroleum Institute 306

American Petroleum Institute Crude Oil Oil API 306

OilPrice

MAY 16, 2025

Kuwait, one of the top OPEC producers in the Middle East, plans to invest as much as $50 billion to raise its oil production capacity to above 3 million barrels per day (bpd) over the next five years, Kuwait Petroleum Corporations deputy chairman and CEO, Shaikh Nawaf Al-Sabah, has said.

Oil 268

Oil Crude Oil Petroleum Barrel 268

OilPrice

MARCH 13, 2025

The major oil producers in the Middle East are exporting record volumes of refined petroleum products, reducing the overall impact of their crude production cuts on the market, Reuters reports, citing flow-tracking data and analysts.

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Crude Oil Petroleum Oil IT 309

OilPrice

MARCH 11, 2025

The Panama Canal is considering an idea to build a pipeline to ship liquefied petroleum gas (LPG) across the key trade chokepoint to potentially bring gas from the U.S. to Japan, according to the canal administrator Ricaurte Vasquez.

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Pipeline Gas Petroleum Barrel 307