Equinor has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea.
The well
Asia’s naphtha refining profit margin gained some ground on Monday after crude oil benchmarks weakened and hopes of a rise
Oil prices held steady on Monday as Middle East risks eased while a possible OPEC+ output increase in August and
Oil prices have been steadier for the past couple of days back below $70 a barrel, and traders in options
The contained move in oil prices during the Israel-Iran war highlights the increasing efficiency of energy markets and fundamental changes
The world’s largest group of oil producers, OPEC+, is set to announce another big increase of 411,000 barrels per day
Asian spot liquefied natural gas (LNG) prices fell this week from a four-month high as a ceasefire between Israel and
U.S. energy firms cut the number of oil and natural gas rigs operating for a fourth month in a row
Urals crude differentials to dated Brent held steady on Friday, while oil loadings from Russia’s Primorsk, Novorossiisk and Ust-Luga including
Grades were mixed on Friday, dealers said, as the spread between U.S. crude futures and the global benchmark Brent narrowed