oil and gas industry

Oil-shipping rates for Middle Eastern routes have spiked after some tanker owners and managers paused offering vessels as they assess risks from Israel’s

OPEC+ agreed on Wednesday to establish a mechanism for setting baselines for its 2027 oil production, while OPEC+ sources said that separate talks on Saturday

The main investor in Italy’s biggest oil refinery is sounding out trading firms to replace Trafigura Group as the plant’s supply

(Bloomberg) — Carnival Corp. posted a profit for the first time since 2020 but issued a fourth quarter earnings outlook that missed Wall Streets’

By Gerson Freitas Jr. (Bloomberg) — For John Arnold, the billionaire philanthropist who made his fortune betting on natural gas prices, Houston’s

By Stephen Cunningham and Robert Tuttle (Bloomberg) — A fleet of supertankers carrying Saudi oil will add to the growing congestion at U.S. ports in

By Liam Denning (Bloomberg Gadfly) — Big Oil just doesn’t seem to be as enamored with the ‘big’ thing as it once was. Another major

By David Wethe (Bloomberg) — Leaders of the world’s largest suppliers of offshore drilling rigs and the services that go with them see the oil market

A new report by the International Research Institute of Stavanger showed that oil and gas industry will need to recruit more than 20,000 workers by 2020 in