Bolivian police raid the offices of the state energy company YPFB
Bolivia's anticorruption police and 'public prosecutor's' office raided YPFB's offices in 'the 'cities of La Paz' and 'Santa Cruz' on Friday as part of an investigation into…
Baker Hughes reports that US drillers have added oil and gas rigs to their fleet for the first time in 3 weeks.
Baker Hughes, a closely watched energy services company, said in its report on Friday that U.S. firms?added oil & natural gas rigs this week for the?first time in three-weeks.
Oilfield services provider SLB reports lower quarterly profits on Iran War Hit
SLB reported on Friday a 'falling profit in the first quarter, as disruptions caused by the war in Iran affected 'demand for oilfield services in a key oil producing region.
Workers at Australian LNG Plant Vote overwhelmingly for Strike Action
The Offshore Alliance, a union group, said that workers at Inpex's Ichthys facility, which produces liquefied gas in Australia, have voted to strike over pay and conditions.
Major Australian LNG plant to close after strike vote
The vote on whether or not workers at Inpex’s Ichthys facility in Australia strike over pay and conditions is set to close later this Friday. The strike at the 9.3 metric ton…
Pluspetrol wants Argentina to support the $12 billion Vaca Muerta shale oil project
Pluspetrol, a subsidiary of Argentina's Pluspetrol, is looking to tap into President Javier Milei’s flagship investment.incentive regime in order to finance a $12 billion shale.project.in Vaca Muerta.
Freeport shares drop after warning that recovery at the Grasberg Mine will be slow following a deadly incident
Miner Freeport-McMoRan said on ?Thursday it expects a slower-than-anticipated recovery at ?its flagship Grasberg mine ?in Indonesia after ?a ?fatal mud flooding incident disrupted operations.
BP fails in its attempts to obtain shareholder approval for two AGM Resolutions
BP announced that it failed to get a majority 'approval' from shareholders for two special resolutions presented at its annual general meeting on Thursday. "While it appears…
Forbes reports that Russian billionaires have increased their wealth by 11% in a single year, despite the war and sanctions.
Forbes Russia reported that Russian billionaires have increased their wealth 11% to a record $696.5 Billion over the last 'year, despite the conflict in Ukraine and the toughest…
Australian pension fund votes to oppose Woodside CEO's compensation package
HESTA, the Australian pension fund, voted on Thursday against the multi-million dollar pay package for new Woodside Energy CEO Liz Westcott and against the re-appointment of two directors.
Australia shares drop as fears escalate over Mideast conflict
Australian shares fell to a two-week low across all sectors on Thursday, as investors worried about reports of gunfire in the Strait of Hormuz, and faded hopes of a peace agreement.
Weatherford claims oilfield activity has returned to normal in Mexico, and the company is getting paid
Weatherford International, a U.S. oilfield service firm, said on Wednesday that oilfield activities in Mexico have 'normalized' and they are now starting to be paid. A 'new financial mechanism?
BP's lockout at Indiana refinery extends into a second month after union talks stall
A lockout at BP's 440,000-barrel-per-day ?refinery in Whiting, Indiana, enters its second month as the ?British oil major and ?hundreds of union workers ?remain ?at odds. BP…
ConocoPhillips shareholders urged to vote for an independent board chair by proxy advisor ISS
Proxy advisor ISS recommended on Wednesday that ConocoPhillips' shareholders vote 'in favor' of a proposal requesting an?independent chair. They cited the need for a stronger oversight of management.
Japex wants to quadruple its oil and gas production in 10 years; it is looking at US expansion
Japan Petroleum - Exploration said Wednesday that it planned to quadruple its oil and gas production over the next decade. It will invest 1.16 trillion yen (7.3 billion) into 'exploration and production'…
Japex will boost profits to 100 billion yen in FY2035 through overseas expansion
Japan Petroleum Exploration announced on Wednesday that it plans to increase its net profit from 45 billion yen (about $628.38 million) in fiscal 2025 to 100 billion ($628.38 million) by fiscal 2035.
Norway's Vaar Energi Q1 operating profit lags forecast
Vaar Energi, a Norwegian oil company, reported a lower than expected operating 'profit for the first quarter. It maintained its dividend and capital expenditure guidance. Vaar…
EQT exceeds profit expectations on higher commodity prices and sales volume
U.S. 'natural gas producer EQT Corp. beat Wall Street?estimates?for?first-quarter?"profit?"on Tuesday. Benefiting from higher commodity?prices and output. The soaring demand…
North Dakota crude production to increase as operators target high oil prices
A state regulator announced Tuesday that North Dakota's crude production is expected to increase in the coming months due to surging oil prices, which are encouraging operators to increase their activity.
Greece plans to spend more money on support measures in 2025 as it expects a better primary budget surplus.
Kyriakos pierrakakis, Greece's Finance minister and Eurogroup chief, said that Greece had achieved a primary budget surplus of 2025 which was better than expected. He wants…
