Cenovus Q2 Profit Rises on Higher Oil Output and Refining Volumes | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 01, 2024, 9:00 AM CDT Cenovus Energy (NYSE: CVE) booked a second-quarter net profit that was higher than year-ago levels on the back of increased...Continue Reading

Occidental Petroleum Corp. and Ecopetrol SA are gearing up to plumb the depths of Colombia’s Caribbean waters in search of oil and gas. The plan is to drill the Komodo-1 well before the year is out in seas roughly 3,900 m (close to 13,000 ft) deep. That’s equal to about 10 Empire State Buildings stacked...Continue Reading

High Energy Costs Prompt German Firms to Consider Relocating | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 01, 2024, 7:57 AM CDT High energy costs and uncertainty about energy supply have prompted four out of ten German manufacturing firms to consider either relocating production...Continue Reading

Traders Bet on $130 Oil as Middle East Tensions Spike | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Premium Content By Tsvetana Paraskova – Aug 01, 2024, 6:58 AM CDT Oil prices have surged this week...Continue Reading

Shell Begins New Share Buyback as Earnings Beat Estimates | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 01, 2024, 6:30 AM CDT Shell (NYSE: SHEL) is launching yet another...Continue Reading

Court Seeks More Time to Evaluate Bids in Citgo Auction | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 01, 2024, 5:33 AM CDT The U.S. court overseeing the court-ordered...Continue Reading

Saudi Arabia Expected to Raise Oil Prices to Asia | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 01, 2024, 4:34 AM CDT Saudi Arabia could raise the price of...Continue Reading

Trading Giant Gunvor Doubles Down on Biofuels Bet | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 01, 2024, 3:15 AM CDT Commodity trading major Gunvor has struck a deal to acquire 50% of a biofuels project in the Netherlands as part of a diversification...Continue Reading

Oil Prices Rise Amid Growing Fears of a War in the Middle East | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Aug 01, 2024, 2:28 AM CDT Crude oil prices spiked after...Continue Reading

The EU Is Struggling to Counter Energy Poverty | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 01, 2024, 2:16 AM CDT The European Union’s Energy Poverty Alleviation Framework needs to be...Continue Reading