Meanwhile, the U.S. Strategic Petroleum Reserve (SPR) saw another rare decline, falling by 200,000 barrels to 402.5 million barrels. The draw was linked to a loan to ExxonMobil to resolve quality ...

Angola's attempts to stabilise waning crude oil production received a boost on Wednesday when two offshore projects started up, adding a total of 60,000 barrels per day to national output, the country ...

Equinor ASA (NYSE: EQNR) reported strong second-quarter 2025 results, with adjusted operating income of $6.53 billion and net ...

The President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has stated that Africa loses $90 billion annually to importation of substandard petrol fuel due to lack of refineries in the ...

Equinor's financial results in the second quarter have been impacted by a large impairment of US$955 million related to the ...

Nigeria is spearheading an initiative to establish a regional pricing benchmark for refined petroleum products across West ...

Baker Hughes Company ( NASDAQ: BKR) Q2 2025 Earnings Conference Call July 23, 2025 9:30 AM ET Ahmed Moghal - Executive VP & CFO Chase Mulvehill - Vice President of Investor Relations Lorenzo Simonelli ...

Norwegian energy giant says it has the portfolio to support its goal of maintaining production for another 10 years ...

The Motley Fool. DATE Wednesday, July 23, 2025, at 9:30 a.m. EDT CALL PARTICIPANTS Chairman and Chief Executive Officer — Lorenzo SimonelliChief Financial Officer — Ahmed Moghal Need a quote from one ...

Commercial crude oil stocks excluding the Strategic Petroleum Reserve declined by 3.2 million barrels to 419 million barrels in the week ended July 18, and were about 9% below the five-year average ...

U.S. shale producer Continental Resources has dropped a lawsuit it filed against rival Hess Corp in May, which alleged it was ...

At 419 million bbl, US crude oil inventories are about 9% below the 5-year average for this time of year, the report indicated.