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Surprise Inventory Build Starts To Eat Into Oil Price Rally

An unexpected build in crude oil inventories supressed oil prices on Tuesday afternoon

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TotalEnergies Set To Start Drilling In Lebanon Later This Year

French TotalEnergies is set to launch long-awaiting drilling offshore Lebanon in Q3 of this year, with the restive, energy-starved country now awaiting news of a potential first discovery by the end of 2023

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NextEra To Sell Natural Gas Pipelines In 100% Transition To Renewables

Renewable energy giant NextEra Energy Partners is planning to offload all of its natural gas pipelines to focus on clean energy expansion exclusively by 2025

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Oil Gains Nearly 2% After Overblown Selloff

Brent crude oil was up nearly 2% on Monday, largely driven by the easing of economic slowdown fears in the U.S.

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Most Of Venezuela s Tankers Are Unfit To Ship Oil

The majority of the oil tankers owned by Venezuela are in such decrepit condition that they lack certification by flag nations and are at risk of collisions, spills, fires, and sinking, an internal report by Venezuela's state oil firm PDVSA, exclusively shared with Reuters, has shown.

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