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SBU drone struck a tanker at Russia's Tuapse port on the Black Sea, causing a fire. The attack aimed...

NIS, majority-owned by Russia’s Gazprom Group, said it had operated in “extremely complex circumstances” after sanctions were announced by the US Treasury Department.

NNPCL is reviewing options to bring the Port Harcourt, Warri and Kaduna refineries back into meaningful operation, possibly by bringing in technical equity partners to upgrade or repurpose units.

The Russian ruble strengthened after the Trump administration imposed oil sanctions on Russia’s leading oil companies, extending a rally that began after the Biden administration imposed oil sanctions on Russia in January.

The bill would allow Kern County to open up to 2,000 oil drill permits each year for the next 10 years.

Dallas Fed survey reveals Q3 2025 oil & gas activity contracted. High costs, policy uncertainty, & ...

Summary Exxon Mobil remains a long-term "buy" despite recent underperformance and macroeconomic uncertainty, with a revised price target of $122.19 for 2024. Q2 revenues declined 12% year-over-year due to lower oil prices, but XOM beat analyst estimates and maintained strong earnings per share. Margins are under pressure across most segments except natural gas; Exxon Mobil is executing cost-saving strategies to improve operational efficiency. Despite a challenging environment, XOM's dividend growth streak and expected upside support maintaining a "buy" rating for patient investors. initiated coverageXOM More on my IG service If you want full access to all our reports, data and investing ideas, join The Aerospace Forum, the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform. This article was written by Dhierin-Perkash Bechai is an aerospace, defense and airline analyst. Dhierin runs the investing group The Aerospace Forum, whose goal is to discover investment opportunities in the aerospace, defense and airline industry. With a background in aerospace engineering, he provides analysis of a complex industry with significant growth prospects, and offers context to developments as they occur, describing how they might affect investment theses. His investing ideas are driven by data informed analysis. The investing group also provides direct access to data analytics monitors. Learn more. Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

ConocoPhillips is trimming its sails—and its payroll. The Houston-based oil giant has announced it will cut between 2,600 and 3,250 jobs, roughly a quarter of its global workforce, by the end of 2025....

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