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Diamondback Energy beats first quarter profit estimates on higher production

Diamondback Energy beat first quarter profit estimates on Tuesday as the oil and gas firm benefited from higher oil production and better prices.

Texas , United-states , Bengaluru , Karnataka , India , New-mexico , Trinidad-and-tobago , Trinidad , Neal-dingmann , Tasim-zahid , Tanay-dhumal , National-gas-company-of-trinidad

Oil falls to 7-week low on surprise build in US storage, Middle East ceasefire hopes - Markets

- US Energy Information Administration says energy firms added surprise 7.3 million barrels of crude into stockpiles during week ended April 26

Egypt , Rafah , Shamal-sina- , Texas , United-states , Israel , Israeli , American , Benjamin-netanyahu , Ole-hansen , Reuters , American-petroleum-institute

Port of Vancouver constraints for Trans Mountain pipeline may crimp oil exports

To manage high traffic in the channel, the Port of Vancouver has restrictions including daylight-only transit for Aframax tankers and specific transit times based on tidal currents

California , United-states , Calgary , Alberta , Canada , China , Westridge , Vancouver , British-columbia , Canadian , Brendan-hoffman , Brian-young

Long-delayed Trans Mountain oil pipeline starts operations

The additional pipeline capacity is set to boost crude prices, lift national gross domestic product and expand access to Asian oil market

Canada , Ottawa , Ontario , Canadian , Danielle-smith , Jon-mckenzie , Peter-mccartney , Rory-johnston , Chrystia-freeland , Katherine-cuplinskas , Canada-energy-regulator , Trans-mountain-corp

After years of delays and cost overruns, the $34B Trans Mountain pipeline expansion project finally opens

The goal of the Trans Mountain expansion (TMX) is to open up lucrative overseas markets for Canadian oil and remove a price discount that had existed for years because of overreliance on exports to the United States

United-states , Japan , India , South-korea , Georgia-strait , British-columbia , Canada , Calgary , Alberta , China , California , Washington

Poland's Tusk guns for former oil company chief – POLITICO

Daniel Obajtek was the golden boy of the former PiS government. Now he has prosecutors after him.

Orlen , Hessen , Germany , Warsaw , L67- , Poland , Rlen , Warminsko-mazurskie , Dubai , Dubayy , United-arab-emirates , Switzerland

India's oil import bill could swell to $101-104 billion in FY25: ICRA

The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of USD 7.9 billion in 11 months (April-February) of 2023-24, up from USD 5.1 billion in 2022-23.

Israel , Iran , Qatar , Russia , India , Kuwait , Iraq , Ukraine , Oman , Moscow , Moskva , Saudi-arabia

How three fund managers are playing the energy bull market

Investors may move money into mid-cap companies as the cycle progresses

China , Italy , Texas , United-states , Israel , Iran , Canada , Saudi-arabia , Canadian , Italian , Curtis-gillis , David-szybunka

Premarket: Global shares head for monthly loss in action-packed week

Wall Street futures down ahead of a slew of economic data, earnings and the U.S. Federal Reserve’s policy meeting

Germany , United-kingdom , China , London , City-of , France , Japan , Japanese , Britain , Lombard-odier , Vasu-menon , Samy-chaar