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The volume of Venezuelan crude floating at sea has spiked to the highest level in more than three years.
Oil prices rose for a third week as unrest in Iran heightened geopolitical risk.
The Texas oil and natural gas industry employed 495,501 Texans last year, according to TXOGA's 2025 Energy and Economic Impact report.
The Trump administration is unlikely to provide financial support to help U.S. oil companies revitalize Venezuela's oil sector, Interior Secretary Doug Burgum said Friday.
Around 30 percent of global oil reserves might be consolidated under U.S. influence, J.P. Morgan analysts stated.
'These agreements lay the foundation for safe and competitive operations at Equinor's offshore installations and onshore plants in the years to come', Equinor said.
Traders reacted to Iran tensions, positioning shifts, and supply uncertainty.
Leading Chinese oil companies with interests in Venezuela have asked Beijing for guidance on how to protect their investments.
Could Venezuelan oil production get back to three million barrels per day?
ADNOC announced a Final Investment Decision (FID) for the SARB Deep Gas Development.
Oil prices fell as the US moved to market Venezuelan crude amid an oversupplied market.
U.S. forces seized two more sanctioned oil tankers as part of its energy quarantine of Venezuela.
Executives from small and large exploration and production firms have differing views on the potential impact of AI on break-even prices, the fourth quarter Dallas Fed Energy Survey stated.
President Donald Trump said Venezuela would relinquish as much as 50 million barrels of oil to the United States.
S&P Global Energy's forecast remains unchanged by Venezuela developments, an analysis piece sent to Rigzone by the S&P Global team late Monday stated.
Oil prices fell as traders looked past geopolitics and focused on a growing global surplus.
Chinese buyers shunned offers for Venezuelan crude this week.
'Physical natural gas prices are crashing', EBW Analytics Group Energy Analyst Eli Rubin said.
Trafigura is one of the world's biggest traders of oil, moving an average of 6.6 million barrels a day.
North America dropped 16 rigs week on week, according to Baker Hughes' latest North America rotary rig count.
You can choose to embrace it or ignore it. You can choose to pretend it does not apply to you. But the one thing you likely will not be able to do is work as a pipeline inspector without it after 2018. What is it you ask? It is the American Petroleum Institute Pipeline Inspector Certification; better known as the API 1169. Possibly a thorn in the side for many inspectors but for the industry it is a sure step forward in the right direction; joining the other sectors of oil & gas.
Questions surround the API 1169 exam requirements, purpose, and what individuals need to do in order to properly prepare for the certification that will likely keep them employed in their careers. Training options have been multiplying as the popularity of the API 1169 has hit the mainstream. Inspectors should perform their research and due diligence to adequately make an informed choice when it comes to the training course they attend.