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Top World Oil News
Oil and Gas Sector · Saudi ArabiaOil prices crept higher today but were heading for a fall of more than 15% over the course of 2025, as expectations of oversupply increased in a year marked by wars, higher tariffs, increased OPEC+ output and sanctions on Russia, Iran and Venezuela.See the Story
Oil prices log steepest annual drop since 2020
58% Center coverage: 17 sources
Donald Trump · VenezuelaVenezuela started shutting wells in a region that holds the world’s largest deposits of oil in the face of a blockade by the Trump administration meant to financially squeeze the nation. Read more...See the Story
Venezuela Starts Shutting Oil Wells as US Blockade Halts Flows
66% Center coverage: 6 sources
Mexico · MexicoHarbour Energy plc (LON:HBR) has been appointed operator of the Zama oil project offshore Mexico. The decision was made by the project’s partners, including Petróleos Mexicanos (Pemex), Grupo Carso and Talos Energy, and subsequently approved by Mexico’s Ministry of Energy (SENER). The Zama field, discovered in 2017 and appraised in 2018 and 2019, is estimated to contain approximately 750 million barrels of oil equivalent (mmboe) of gross recover…See the Story
Harbour Energy Named Operator Of Major Zama Oil Project Offshore Mexico
Coverage: 2 sources
