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Saudi Aramco profit drops as it flags cost cuts, divestments

06/08/2025

Saudi Arabian oil company Aramco (TADAWUL:) reported a 22% drop in second-quarter profit on Tuesday, and the world’s top oil

UK’s BP rises on second-quarter profit beat

06/08/2025

** Shares of BP BP. up 2.5% at 416.5p
** BP to review portfolio and consider further cost cuts as

Sliding US rig count outpaces efficiency gains, threatening onshore oil output

06/08/2025

The falling number of oil and gas rigs deployed across the United States is reaching a level that would indicate

India’s Nayara Energy ships out first gasoline exports since sanctions, sources say

06/08/2025

Russia-backed Indian refiner Nayara Energy has exported its first gasoline cargo since the privately-owned company was sanctioned by the European

Chevron, Valero in talks to reactivate supply agreement on Venezuelan oil to US, sources say

06/08/2025

Chevron (CVX.N), and Valero Energy (VLO.N), are working to resume supplies of Venezuelan crude to Valero’s U.S. refineries under an

Second quarter 2025 results

06/08/2025
  • Strong operational performance: 2Q25 underlying RC profit $2.4bn; 2Q25 operating cash flow $6.3bn; 2Q25 refining availability* 96.4%; 2Q25

BP vows to do better for investors as profit tops forecast

06/08/2025

Bp will launch a review of how best to develop and monetise its oil and gas production assets and consider

UK’s BP rises on major oil and gas discovery in Brazil’s Santos basin

05/08/2025

** Shares of British oil co BP BP. up 1.3% at 404.2p

** BP says it has made an oil and

Oil prices steady from steep losses on demand fears, higher OPEC+ output

05/08/2025

Oil prices moved little in Asian trade on Tuesday, steadying from a sharp tumble in recent sessions as markets fretted

US natgas prices drop 5% to 14-week low on near-record output, lagging LNG exports

05/08/2025

U.S. natural gas futures fell about 5% to a 14-week low on Monday on near-record output, a decline in demand

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