Oil News and Headlines
- Energy remains a sweet spot for investors. Here’s a list of ‘energized’ stocks to think about. 08/15/2022Optimism over the U.S. economy, European conflict, a weakening dollar and China coming out of 'Zero COVID' in early 2023. All reasons to buy energy stocks.
- Mexico's Pemex requests $6.5 B more funding for 'Dos Bocas' refinery 08/15/2022Pemex requested this week almost $6.5 B in additional funding from the government to pay for works at the 'Dos Bocas' refinery this year.
- MPLX LP announces redemption of senior notes 08/15/2022MPLX LP (NYSE: MPLX) today announced the redemption of (i) all of the $500 million outstanding aggregate principal amount of MPLX's 3.500% senior notes due Dec. 1, 2022 (including the portion of such ...
- Green Energy Co. Bringing Its Hydrogen Boilers to Australia 08/15/2022Jericho Energy Ventures Inc.'s hydrogen boiler technology creates high-temperature water and steam with no greenhouse gases. The only by-product is water. Jericho Energy Ventures Inc. (JEV:TSX.V; ...
- Norway's Climate Choice: Old Oil, Gas Fields Switch to Green Power or Close Early 08/15/2022Norway will have to phase out some of its old oil and gas fields prematurely to achieve its 2030 climate goals, unless it can ...
- Trace Capital Management, Formerly Denham Capital’s Energy Resources Investment Platform, Announces Newly Formed Energy Focused Investment Manager 08/15/2022Trace Capital Management (Trace) announced today that it has been formed via the “lift out” of Denham Capital’s Energy Resources investment program - its active funds, people and associated ...
- Gas prices across Florida fall for ninth consecutive week 08/15/2022The state average has now declined for nine consecutive weeks, falling a total of $1.24 per gallon since mid-June.
- Oil spill barriers put on Oder River to tame huge fish kill 08/15/2022German officials expressed mounting anger Monday at the slow flow of information from Poland as experts raced to discover what killed tens of thousands of fish in a shared border ...
- Saudi Oil Windfall Tops $65 Billion Without Dividend Rise 08/15/2022Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War OnsetWill Housing Prices Flatten — or Collapse?How the US Toppled the World’s Most Powerful Gold TraderUkraine Latest: ...
- Greater Balder Area: Vår Energi Increases Norwegian North Sea Foothold 08/15/2022Norwegian oil and gas company Vår Energi said Monday it had acquired 30% ownership in production licenses (PL) 820S and 820 SB ...
- Joint response team working on oil spill spreading to B.C. waters 08/15/2022Authorities continue to respond to an oil spill between Greater Victoria and Washington state after a fishing boat holding thousands of litres of fuel sank on Saturday. The United States Coast Guard ...
- Plunging prices at the pump: Gas falls another 14 cents in Florida; average gallon at $3.65 08/15/2022AAA officials are predicting prices at the pump to continue their decline throughout the week, despite some gains in domestic oil markets. U.S. oil prices climbed by 3% last week, closing Friday at ...
OPEC Flash News
- OPEC daily basket price stood at $103.20 a barrel Thursday, 11 August 2022 08/11/2022
- OPEC takes part in Nigeria Oil and Gas Conference and Exhibition 2022 07/04/2022Abuja, Nigeria, 5 July 2022--The Organization of the Petroleum Exporting Countries (OPEC) participated in the 21st edition of Nigeria Oil and Gas (NOG) Conference and Exhibition, which is taking place in Abuja.
- You have indeed been a worthy ambassador of our country, President Buhari tells Barkindo, outgoing OPEC Secretary General 07/04/2022Abuja, Nigeria, 5 July 2022--President Muhammadu Buhari Tuesday in Abuja expressed the nation’s gratitude to the outgoing Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Mohammed Barkindo, describing him as a worthy ambassador of the country.
- OPEC Secretary General congratulates Minister Al-Rumhy on the completion of his tenure 06/16/2022Vienna, Austria, 17 June 2022--OPEC Secretary General, HE Mohammad Sanusi Barkindo, congratulated HE Dr Mohammed Bin Hamad Al-Rumhy on completing his tenure as Minister of Energy and Minerals of the Sultanate of Oman.
- OPEC’s 21st Coordination Meeting on Climate Change takes place 05/30/2022Vienna, Austria, 31 May 2022--The Organization of the Petroleum Exporting Countries (OPEC) held the 21st Coordination Meeting on Climate Change via videoconference.
- OPEC holds special workshop on climate change 05/29/2022Vienna, Austria, 30 May 2022--The Organization of the Petroleum Exporting Countries (OPEC) hosted the Fifth Technical Workshop on Climate Change under the theme “The first global stocktake under the Paris Agreement: challenges and opportunities for energy-exporting developing countries.”
- Barkindo bestowed with Venezuela’s Highest Civilian Honour 05/12/2022Vienna, Austria, 13 May 2022--OPEC Secretary General, HE Mohammad Sanusi Barkindo, was received by the President of the Bolivarian Republic of Venezuela, HE Nicolas Maduro Moros, at the Miraflores Palace, Caracas. They held a working meeting to discuss ongoing developments in the oil market.
- DoC technical committee convenes to review oil market developments 05/03/2022Vienna, Austria, 4 May 2022--The Joint Technical Committee (JTC) of the Declaration of Cooperation (DoC) today held its 62nd Meeting via videoconference to examine the conditions and emerging trends in the global oil market.
- DoC technical body convenes to review oil market developments 03/29/2022Vienna, Austria, 30 March 2022--The Joint Technical Committee (JTC) of the Declaration of Cooperation (DoC) held its 61st Meeting to examine the oil market situation and relevant trends.
- OPEC Secretary General takes part in the Global Energy Forum in Dubai 03/27/2022Dubai, United Arab Emirates, 28 March 2022--OPEC Secretary General, HE Mohammad Sanusi Barkindo, today participated in the Atlantic Council’s Global Energy Forum (GEF) 2022 in Dubai, UAE.