CALGARY, AB, July 10, 2025 /PRNewswire/ - Horizon Petroleum Ltd. (HPL:CA) (FRA: HPM) (Tradegate: HPM) Further to our press release dated June 2, 2025, Horizon is pleased to provide a further ...

Oil prices fell below $60 per barrel recently due to a combination of oversupply and weak demand. Global oil inventories are rising, putting downward pressure on prices. At the same time, both OPEC+ ...

President Donald Trump stated at a news conference that the United States will "get the oil flowing the way it should be" in Venezuela with the assistance of oil companies following the surprise ...

President Trump has set his sights on Venezuelan oil, but there are many economic and political obstacles to significantly ramping up the country’s oil production.

Oil prices fell well below $60 per barrel recently before rallying back above that key level this week, initially driven lower by oversupply and weak demand. Global oil inventories had been rising, ...

President Trump has pledged to buy 1 million barrels of oil to refill the SPR to a safe level. With West Texas Intermediate hitting its lowest levels since 2021 recently, the President has picked the ...

Ecuador's oil production has significantly decreased to multi-year lows due to the shutdown of its two largest crude pipelines, SOTE and OCP, caused by heavy rains and intensified erosion along the ...

Plans, executes, and optimizes well and production system performance from the sandface to the stock tank, ensuring safe, compliant, and cost-effective hydrocarbon delivery. I.A.1.a Productivity index ...

The Nigerian Army says sustained security operations in the Niger Delta drove oil output to 2.2 million barrels per day.

David Winter, CEO of the Horizon commented: "We are pleased that all permits and approvals for the L7 workover operation have been received on schedule and we continue to progress in our operations ...