Thursday, 19 June 2025

Focus on OPEC+

News Release

Occidental Announces Termination of Exchange Offer and Consent Solicitation for CrownRock Notes

HOUSTON, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced that it has elected to terminate its previously announced offer to...

Vessels that are used for towing oil rigs in the North Sea are moored up at William Wright docks in Hull, Britain November 2, 2017. REUTERS/Russell Boyce/ File Photo
BusinessEconomyNatural GasNewsOilPolitics

North Sea oil and gas producers say UK windfall tax is a ‘wrecking ball’

Drilling companies say to expect a sharp drop in revenue following increased UK windfall tax on oil and gas companies.

News Release

Targa Resources Corp. Reports Record Second Quarter 2024 Results and Increases Full Year 2024 Outlook

HOUSTON, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported second quarter 2024 results....

News Release

Parex Resources Announces Second Quarter Results, Declaration of Q3 2024 Dividend, and Operational Update

CALGARY, Alberta, July 31, 2024 (GLOBE NEWSWIRE) -- Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial...

News Release

Gran Tierra Energy Inc. Reports Second Quarter 2024 Net Income of $36 Million and Continued Exploration Success

High Impact Exploration Program Continues to Deliver Exciting Catalysts for Growth with the Completion of the Charapa 3D Seismic Program Along with Drilling...

News Release

Tenaris Announces 2024 Second Quarter Results

The financial and operational information contained in this press release is based on unaudited consolidated condensed interim financial statements presented in U.S. dollars...

A view shows the logo of the Organization of the Petroleum Exporting Countries (OPEC) outside its headquarters in Vienna, Austria, May 28 , 2024. REUTERS/Leonhard Foeger/ File Photo
BusinessFuelNewsOilPoliticsTrade

OPEC+ likely to stick to output policy at Aug 1 JMMC meeting

OPEC+ is unlikely to alter its current production cuts despite falling oil prices, as discussed in an upcoming meeting.

News Release

International Petroleum Corporation Announces Second Quarter 2024 Financial and Operational Results and Releases Sustainability Report

International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and operational results and related management’s discussion and...

News Release

International Petroleum Corporation Announces Second Quarter 2024 Financial and Operational Results and Releases Sustainability Report

TORONTO, July 30, 2024 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) today released its financial and...

News Release

Occidental Announces Progress on Divestiture and Debt Reduction Program

Agreed to sell certain Delaware Basin assets in Texas and New Mexico to Permian Resources for approximately $818 million Additional dispositions in 2024...