Except the strategic petroleum reserve doesn’t contain cash. The reserve can hold more than 700 million barrels of oil. Right ...
The Bank of Ghana has released its report on the performance of Ghana’s Petroleum Funds for the second half of 2024. The report revealed a significant increase in oil revenue and a substantial boost ...
The announcement comes just four days before President-elect Donald Trump is set to take office. Trump has said he plans to ...
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ConocoPhillips takes over operatorship of Kebabangan Cluster PSC in Malaysia"ConocoPhillips takes over operatorship of Kebabangan Cluster PSC in Malaysia" was originally created and published by ...
Petronas has transferred the operatorship of the Kebabangan Cluster Production Sharing Contract (KBBC PSC) to ConocoPhillips ...
Robert Rapier is a chemical engineer covering the energy sector. The United States established its Strategic Petroleum Reserve (SPR) in the wake of the 1973–1974 oil embargo that disrupted oil ...
Energy stocks as a whole delivered an underwhelming performance in 2025. The average one in the S&P 500 has only managed to eke out a small gain (the Energy Select Sector SPDR Fund -- an ETF that ...
The US Strategic Petroleum Reserve (SPR) is a stockpile of crude owned by the US government. It provides a back-up supply of crude oil if the commercial oil supply is disrupted.
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