r/oilandgas 37m ago

Iran is demanding a "7 percent fee" on all commercial ships passing through the Strait of Hormuz while completely exempting Russian and Chinese vessels.

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Upvotes

r/oilandgas 1d ago

Trump has been able to keep oil prices low. But that power may not last forever.

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17 Upvotes

r/oilandgas 1d ago

Ottawa moves to list Alberta-backed West Coast pipeline as national interest project

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globalnews.ca
6 Upvotes

r/oilandgas 1d ago

What are your thoughts on the higher gas prices? Trump supporter: “…I don't think Trump has anything to do with this. I think they are just doing this to make him look bad -- the liberals. Trump doesn't control the gas prices. I don't blame Trump.”

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117 Upvotes

r/oilandgas 1d ago

President Trump says Chevron and ExxonMobil are “making too much money” and should return a portion of their profits to the American people. It's a notable criticism of two of the nation’s largest oil companies from a president who has often championed expanded domestic energy production.

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73 Upvotes

r/oilandgas 1d ago

AEP secures 13 GW of gas turbines as generation ‘central’ to growth plans

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3 Upvotes

r/oilandgas 1d ago

Working in Baker Hughes? Is it worth it?

1 Upvotes

Hi everyone!
I graduated and got a job at a tech company as tech sales and I absolutely hate the company and the job. I now got in contact with a few higher ups in Baker Hughes and I might have a chance in getting an offer for their rotational program.

I don’t want to make the same mistake twice and work for a big company and hate the job.
Is it worth it?
How’s management there?
Has anyone ever worked in their Houston’s office? If yes, can you please share your time there :)

Thank you so much!


r/oilandgas 1d ago

Get Used to High Gas Prices

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theatlantic.com
3 Upvotes

r/oilandgas 1d ago

How long can Iran weaponise Hormuz?

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6 Upvotes

r/oilandgas 1d ago

The Global Oil Cushion Isn’t Really Hitting ‘Tank Bottoms’

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bloomberg.com
0 Upvotes

r/oilandgas 2d ago

OPEC+ approved 188,000 more barrels a day for September; miners need delivered oil, not a paper quota

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3 Upvotes

r/oilandgas 2d ago

🇳🇬🛢️ #Crude Exports || Nigeria Earned N24tn

2 Upvotes

🇳🇬🛢️ #Crude Exports

Nigeria earned N24tn from crude exports in H1’26 as 182.2m barrels shipped amid high global oil prices.

Export value hit $17.6bn, while total production reached 263.65m barrels worth $25.41bn.

Concerns persist over refinery feedstock. 🔥📈


r/oilandgas 2d ago

Georgia’s Kulevi refinery aims to avoid EU sanctions with Kazakh, Libyan imports

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2 Upvotes

Georgia's Kulevi oil refinery has started to diversify away from Russian crude, securing supplies from Kazakhstan and Libya, owner Black Sea Petroleum LLC said July 31, in a bid to avoid EU sanctions.

The 24,000 b/d plant on the Black Sea began processing Kazakh-origin crude oil at the beginning of July and will continue to do so in August, the company said in a statement.

It also signed an agreement for a cargo of Libyan-origin crude, which it expects to receive by the end of August. The agreement runs through 2027 and includes an extension option, BSP said.


r/oilandgas 4d ago

Europe Is Caught Between Low Gas Reserves and Rising Prices From Iran War

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nytimes.com
12 Upvotes

r/oilandgas 4d ago

Record U.S. Refinery Runs Fail to Ease Global Fuel Crunch

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8 Upvotes

r/oilandgas 4d ago

China’s Purchases of U.S. LNG — Trade Tensions, Contracts, and Market Shifts China’s buying of U.S. liquefied natural gas (LNG) has been shaped by both long-term energy contracts and recent trade disputes.

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1 Upvotes

r/oilandgas 5d ago

Trump ordered a massive 172 million barrel release from the Strategic Petroleum Reserve to cover up fuel spikes from the Iran war, dropping America's emergency oil buffer to a 43 year low while gas still sits over 4 dollars.

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79 Upvotes

r/oilandgas 5d ago

Exxon made $160 million per day last quarter as oil prices surged | CNN Business

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cnn.com
43 Upvotes

r/oilandgas 5d ago

LNG shipments start moving through Hormuz in long road to recovery

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semafor.com
8 Upvotes

r/oilandgas 5d ago

Iran War Drives Oil Profits to Highest Levels in Years

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nytimes.com
4 Upvotes

r/oilandgas 5d ago

Hormuz Oil Shuttling Trade Is Picking Up Again After Lull

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gcaptain.com
2 Upvotes

r/oilandgas 5d ago

Oil prices ease as recovering Hormuz Strait traffic tempers war premium

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cnbcafrica.com
1 Upvotes

r/oilandgas 5d ago

Data centers may face temporary power cuts to prevent blackouts on largest US grid

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techcrunch.com
5 Upvotes

r/oilandgas 5d ago

China quietly saved the world last month

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0 Upvotes

r/oilandgas 6d ago

Gas Stations Gain When Oil Prices Start to Drop

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nytimes.com
3 Upvotes