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Big Oil Keeps Brakes on Spending, Despite Crude Rally Windfall

July 12, 2021

Credit: namning/AdobeStock
Credit: namning/AdobeStock

Current News

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Metropolitan CCS Cleared to Drill CO2 Storage Wells off Japan

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Saipem Bags $400M in Offshore Contracts from Aramco in Saudi Arabia

Toyo, OneSubsea Form Subsea CCS Partnership

Toyo, OneSubsea Form Subsea CCS Partnership

Japan to Launch $10B Fund to Help Asia Secure Oil

Japan to Launch $10B Fund to Help Asia Secure Oil

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

Philippines Seeks US Extension to Buy Russian Oil

Philippines Seeks US Extension to Buy Russian Oil

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Sources say that India's RBI has asked state oil refiners in India to reduce spot dollar purchases.
Gold prices hold steady as market attention turns to Iran peace talks
Trump attempts economic reset while Republicans worry about high gas prices
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