Tuesday, September 2, 2025
Oil rises as OPEC, allies gear for deeper output cuts- oil and gas 360

Saudi Arabia wants OPEC+ to deepen oil cuts due to Aramco IPO

Reuters: DUBAI/LONDON/MOSCOW – OPEC and its allies plan to deepen oil cuts and have the deal in place so it runs at least until June 2020 as Saudi Arabia wants to deliver a positive surprise to the market before the listing of Saudi Aramco, two sources familiar with the talks said. The deal being discussed by the Organization of the

Apache reports muted first results in Suriname- oil and gas 360

Apache reports muted first results in Suriname

Houston Chronicle Houston’s Apache Corp. announced muted initial results of its exploration drilling at its hotly anticipated prospect offshore of the tiny South American nation of Suriname. Apache said it is conducting testing at two upper Cretaceous plays at about 20,000 feet in its first exploration well. However, Apache will keep drilling to test a third potential Cretaceous play at a