Oil prices plunge after Trump delivers ‘liberation day’ tariffs. WTI down nearly 5% during morning trade in Europe as markets fear escalating trade war will affect global growth and sap oil demand ...

The upstream side of the industry tends to be the most sensitive to changes in oil and gas prices. With oil prices near the lowest level in a year, even top E&Ps like ConocoPhillips ( COP -2.53% ...

The world needs upstream investments in existing oil and gas fields to support global energy security, Fatih Birol, the executive director of the International Energy Agency (IEA), said at the ...

Instead, sector companies, from oil services to upstream producers, find themselves caught between rising costs generated by Trump tariffs on imported steel, aluminum, and other materials; and ...

Upstream electrification can cut oil and gas production emissions by more than 80%, report says. By Reuters. September 19, 2024 11:31 AM UTC Updated September 19, 2024 A man ...

AUSTIN New data from the Texas Workforce Commission (TWC) indicate that upstream oil and natural gas employment grew by 1,900 in February compared to January. This is growth on top of TWC’s just ...

A wave of major upstream oil and gas mergers and acquisitions in 2024 had companies taking a break as the year came to a close. Enverus Intelligence Research issued its fourth quarter and full ...

Petrobras is set to emphasise upstream oil and gas operations in its forthcoming 2025-29 strategic plan, reported Reuters, citing the company’s CFO Fernando Melgarejo. The Brazilian state-run ...

3 Key Trends to Watch in the Oil and Gas - US E&P Industry. Slowing Demand and Economic Concerns: Pulled down by multiple factors, U.S. oil prices have been struggling to get past the $80-a-barrel ...

The latest upstream deal in Nigeria’s oil sector is expected to help boost crude production in the country to 2 million barrels per day (bpd) by the end of 2024, Heineken Lokpobiri, Nigeria’s ...

The upstream side of the industry tends to be the most sensitive to changes in oil and gas prices. With oil prices near the lowest level in a year, even top E&Ps like ConocoPhillips (NYSE: COP ...