U.S. to Redirect Venezuelan Oil Royalties Into a Treasury-Controlled Fund
The U.S. Treasury has established a new mechanism for managing revenues from Venezuelan oil production, directing royalty payments and federal taxes into a U.S.-controlled fund rather than directly to
After Years of Buybacks, Big Oil is Drilling Again
Major oil companies are fundamentally altering their strategic direction, moving away from a primary focus on returning cash to shareholders towards reinvesting
OilPrice·Feb 19
Guyana Emerges as the Clear Winner in Venezuela’s Oil Reset
Guyana has emerged as a significant beneficiary of the shifting oil landscape in Venezuela, rapidly transforming into a major global oil producer. This rise is
Iraq’s Supergiant Rumaila Field Poised Is for a Revival
Iraq is strategically focusing on revitalizing its supergiant Rumaila oil field as the cornerstone of its ambitious plan to elevate crude oil production capacit
OilPrice·Feb 18
Crude Surges as Iran Risks Grow
Global crude benchmarks experienced a notable increase, driven by market apprehension over escalating geopolitical tensions involving Iran and the potential for
Rigzone·Feb 18
Feb 18
U.S. Crude Oil Inventories Plunge Following Massive Build
OilPrice
Feb 18
Cyprus accused of forging energy alliances to sideline Turkey
Cyprus Mail
Feb 18
Wright Downplays Interest in Greenland's Rare Earths
Rigzone
Feb 18
Libya Awards Fuel Supply Deals To Western Firms, Aims To Cut Russian Imports