Oil

Moody's affirms the Estonian energy giant's Baa3 rating, but a negative outlook signals deep-seated risks from its oil shale legacy and market volatility.

Energy giant Chevron enters Libya's oil sector, a move balancing immense potential against deep-seated political instability and environmental risks.

Lithuanian manufacturer Eurodita's 'no minimum order' private-label plan could reshape Europe's construction market for independent dealers.

The UAE gas giant posts a 3% net income rise despite a 14% drop in crude prices, signaling major growth with a $3.6B investment surge.

Indonesian forestry giant APP Group holds its 'B' score in a key environmental audit. What does this mean for sustainability in a high-stakes industry?

A surprise move by a joint venture partner to exercise pre-emption rights has thrown Maurel & Prom’s major Angolan oil field acquisition into uncertainty.

With three new wells online and a key facility under construction, Westgate Energy outlines an ambitious plan to triple its well count in Alberta's Mannville Stack.

Trigon Pacific Terminals names Craig Olley as new CEO to lead a strategic pivot towards clean energy exports and solidify its role in Asia-Pacific trade.

Houston's Koil Energy has won a key deepwater contract, signaling a revival in the Gulf of Mexico and validating its strategy of integrated subsea solutions.

Calgary-based Horizon Petroleum faces a Management Cease Trade Order over delayed financial filings, raising questions about its European operations.

The world’s largest private oil producer expands its stake in the Vaca Muerta, betting its US shale expertise can unlock a world-class energy resource.

International Petroleum Corp. is ahead of schedule and on budget at its massive Blackrod oil sands project, signaling a major win for Canadian energy.

The Faroe Islands-based oil firm pushes its critical debt restructuring deadline again, placing its future entirely on a pending deal and a single oil field.

New Era Energy & Digital faces a major fraud lawsuit from New Mexico over abandoned oil wells, threatening its pivot to a high-tech data center future.

DHT Holdings sells two older tankers for $101.6M, securing a major cash injection. The move highlights a strategy of fleet renewal and shareholder value.

Fortune 500 giant ARKO Corp. plans to take its petroleum wholesale business public, a strategic split aimed at unlocking value and focusing growth.