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Hess Earnings Outshine With New Guyana Discovery

Fourth-quarter earnings on Wednesday saw Hess Corporation soundly beat Wall Street estimates, with another discovery offshore Guyana playing a significant role in the company’s newly revealed $3.7-billion spending plan for 2023 ....

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Phase One Of Sempra's Port Arthur LNG Project Is Now Fully Subscribed

Phase one of Sempra Energy’s Port Arthur LNG project is now fully subscribed following a supply deal with Poland ....

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Kuwait Cabinet Resigns Over Oil Wealth Spending

Kuwait’s new Cabinet has resigned amid protests over a planned spending spree of the country’s oil wealth by the Assembly ....

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Russian Crude Exports from Baltic Ports See 50% Hike In January

As Asian oil demand increases, Russian crude oil loadings from Baltic ports are on track for a 50% hike from December to January, Reuters reports ....

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