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U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Identifying stocks to buy and hold for decades rather than months or years can be difficult. The world and the economy are constantly changing, creating risks for long-term investors.
The Energy Ministry did not specify how it would achieve that level of production, and noted that the $48.5 billion expansion of the Chevron-led Tengiz oil field is due to become fully operational ...
The company achieved a 12% increase in production from the Permian Basin, the largest U.S. oilfield, and saw a successful expansion at the Tengiz oilfield in Kazakhstan. However, these gains were ...
Last week, Chevron Corp. Chief Executive Officer Mike Wirth told analysts that his company had received no instructions from the government to rein in its massive Tengiz oil project ... about the ...
Contract covers construction of units at a gas-to-polymers plant that will take feed gas from the Chevron-led Tengiz oil development A Sino-Italian consortium is set to secure a lucrative ...
For the past three years, Opec+ had cut collective output by nearly 6mn b/d to bolster prices, a strategy that initially kept crude above $90 a barrel through much of 2022. But its effectiveness has ...
After a 10-year hiatus, U.S. oilfield services provider Weatherford returns to work in Libya, the country’s National Oil Corporation (NOC) said on Tuesday. Richard Ward, Weatherford’s ...
The planned capital deployment, spanning from the second quarter of 2025 to 2027, will primarily focus on revitalising production at the Usan deepwater oilfield, located on the key offshore block ...
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