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Oil prices plunged as renewed Iran peace hopes eased concerns over Middle East supply disruptions.
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A Houthi attack damaged one of the landmarks of the Saudi Arabian capital's financial district.
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North America dropped two rigs week on week, according to Baker Hughes' latest North America rotary rig count.
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A bipartisan plan to speed the federal approval process for major energy and infrastructure projects received the endorsement of President Donald Trump on the eve of a key Senate vote.
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Strathcona agreed to acquire Greenfire for up to around $2.06 billion, a combination that the Canadian companies said would create an oil sands major that offers faster growth than larger rivals.
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ADNOC Gas and Sharjah National Oil agreed to study potential collaboration aligned with strengthening natural gas supply security in the United Arab Emirates.
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Which U.S. oil major produced the most in the third quarter of 2026 - ExxonMobil, Chevron, or ConocoPhillips?
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QatarEnergy is entering into another partnership with Chevron offshore Namibia with the acquisition of a 25 percent stake in Petroleum Exploration License 82.
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Hungary's state-backed MOL Group reported around $865 million in net profit for the third quarter, up 143 percent from the same three-month period last year as refining margins soared.
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Crude oil experienced its sharpest weekly decline in months on Friday, Ole S. Hansen, Saxo Bank's Head of Commodity Strategy, said in a report sent to Rigzone.
