Brent Nears $100 on Mideast Strikes
Oil rose as fresh Middle East strikes heightened concerns about global supply disruptions.
Oil rose as fresh Middle East strikes heightened concerns about global supply disruptions.
Venezuelans are deeply divided over the Trump administration's oil deal with the country's interim authorities.
Tamboran and Formentera Partners began initial gas sales from the Shenandoah South Pilot Project, introducing the Beetaloo Basin as a supplier for Australia's Northern Territory.
North America dropped seven rigs week on week, according to Baker Hughes' latest North America rotary rig count.
Saudi Arabia halted several energy facilities in the south.
'This transaction positions TotalEnergies as the operator of Namibia's two largest oil discoveries and strengthens its position in the Orange Basin, supporting the long-term value creation from prolific licenses'.
Oil prices rose for another session on Tuesday, reaching three-month highs, Paolo Broccardo, CEO at BankPro, highlighted.
Industry body Offshore Energies UK said the industry urgently needs a firm date for HM Treasury's North Sea tax plan.
Alexey Miller, chair of the state-owned company's management committee, said Russia's underground gas storage inventories will reach a new all-time high this year.
The Italian and Malaysian energy majors - partners with F1 teams - signed a collaboration agreement to test newer processes to produce biofuels for high-performance deployment.