MarketPulse

oil production

13 articles
BenzingaBenzinga··Prnewswire

Sabine Royalty Trust Boosts May Distribution on Strong Oil, Gas Prices

$SBR declares $0.498 per-unit distribution for May 2026, driven by higher commodity prices and increased production volumes.
SBRenergy sectorcash distribution
The Motley FoolThe Motley Fool··Matt Dilallo

Chevron's Profit Paradox: Production Surge Masks Earnings Decline Despite Oil Rally

Chevron's Q1 net income fell to $2.8B despite 15% production growth, hit by $2.9B derivative timing effects and supply disruptions, though operations and refining reached record levels.
MSFTCVXPermian Basinlong-term growth strategy
BenzingaBenzinga··Namrata Sen

UAE's OPEC Exit Could Trigger Oil Glut, Russia Warns—If Geopolitical Tensions Ease

UAE exits OPEC, plans 5 million barrels daily by 2027. Russia warns of oil glut if supply increases uncoordinated, though Strait of Hormuz tensions currently support prices.
UAEHBTPFRussiaUAE
The Motley FoolThe Motley Fool··Matt Dilallo

UAE's OPEC Exit Signals Major Shift in Global Oil Supply Politics

UAE exits OPEC effective May 2026, removing production restrictions. As the third-largest OPEC producer, this could increase global oil supply and pressure crude prices while benefiting U.S. operators like ExxonMobil and Occidental Petroleum.
XOMOXYOXY.WSUAEoil prices
GlobeNewswire Inc.GlobeNewswire Inc.··Vaalco Energy, Inc.

VAALCO Energy Strikes Success in Gabon, Eyes Robust 2026 Production Ramp

VAALCO Energy reports strong drilling results from Gabon well and completes Côte d'Ivoire FPSO refurbishment, targeting profitable operations through 2026.
EGYorganic growthoil production
The Motley FoolThe Motley Fool··Matt Dilallo

Chevron's Aggressive Expansion Bets Big on Oil Demand Through 2030

Chevron expands Gulf of Mexico and Venezuelan operations amid crude strength, positioning for substantial free cash flow growth despite recent 22% surge.
CVXBPOXYOXY.WSWDSfree cash flowoil production
The Motley FoolThe Motley Fool··Bram Berkowitz

Occidental's Gulf Discovery Signals Boom for Oil Majors in Deep Water Play

Occidental Petroleum discovers oil at Bandit site in Gulf of America, potentially yielding 230 million barrels. Chevron and Woodside Energy positioned to benefit significantly.
CVXOXYOXY.WSWDSenergy securityoil production
The Motley FoolThe Motley Fool··Seena Hassouna

Gulfport Energy's Top Legal Officer Dumps 91% of Holdings While Assuming Leadership Role

Gulfport Energy's chief legal officer has sold off 91% of his stake over two years, most recently $418K in shares, while taking on interim chairman duties.
GPORnatural gasinsider sale
BenzingaBenzinga··Kaustubh Bagalkote

Woodside Launches Trion Drilling Campaign; Eyes 100K BPD Output by 2028

Woodside Energy begins Trion Field drilling campaign in Gulf of Mexico with PEMEX, targeting 100,000 BPD by 2028 and $10B+ in Mexican government revenues.
WDSoil productionfinal investment decision
BenzingaBenzinga··Prnewswire

Sabine Royalty Trust Boosts March Distribution on Higher Oil Output

Sabine Royalty Trust declares $0.286230 per-unit March distribution, up due to increased oil production and higher gas pricing despite lower commodity prices.
SBRnatural gasenergy sector
BenzingaBenzinga··Globe Newswire

Epsilon Energy Declares Quarterly Dividend, Sets Q4 2025 Earnings Date

Epsilon Energy ($EPSN) declares $0.0625 quarterly dividend, announces March 24 earnings release and investor call following strong operational performance.
EPSNPermian Basindividend declaration
BenzingaBenzinga··Lekha Gupta

KBR Secures Iraq Majnoon Field Contract Amid Broader Portfolio Expansion

KBR wins Iraq Majnoon Field contract for integrated management services. The deal expands its Middle East upstream operations amid broader portfolio growth.
KBRenergy sectortechnical analysis
GlobeNewswire Inc.GlobeNewswire Inc.··Na

KBR Secures Major Iraq Oil Field Contract with Basra Oil Company

KBR wins major contract with Basra Oil Company to manage Majnoon Oil Field operations, deploying 2,000 personnel and AI technology for enhanced efficiency.
KBRMajnoon Oil FieldIraq