(Reuters) – As U.S. refiners rejigger operations to reflect declining domestic motor fuels demand in the next decade, they will seek to...
By: Natural Gas Intelligence – Saudi Arabia’s state-owned oil producer posted record profits for 2022, up nearly 50% year/year, lifted by soaring...
By: KFOR – The Oklahoma Corporation Commission held a special meeting Monday concerning a proposed senate bill that would change how utility...
By: Reuters – Shipments of refined products from French refinery and depots were blocked on Monday by a 13th day of strike...
Energy Story by Catherine Boudreau, Jacob Zinkula [Business Insider] President Joe Biden can’t quit fossil fuels even though he knows he needs...
Did Nord Stream attackers in hired yacht take late-night delivery of explosives in scenic German harbor before a dangerous dive mission to...
By: Reuters – Exxon Mobil Corp (XOM.N) has successfully started up a new $2-billion crude distillation unit (CDU) at its Beaumont, Texas refinery,...
By: Reuters – Oil prices clawed back some ground on Thursday after sliding to 15-month lows in the previous session as markets...
While the government reported U.S. crude oil exports set a record of 3.6 million barrels a day in 2022, the amount of...
Story from Hart Energy, by Jaxon Caines. The drilling market is a cyclical one, enduring many years of highs and many years...
King Charles III has been diagnosed with a form of cancer and will suspend his public duties to undergo treatment.
The announcement, made by Buckingham Palace on Monday evening, came a week after the 75-year-old sovereign was discharged from a London hospital, after a procedure to treat an enlarged prostate. The palace did not disclose what form of cancer he has but said the cancer was detected during that procedure.
The energy sector is off to a lower start, pressured by weakness in the underlying commodities and major equity futures which are modestly lower as traders are cautious following Fed Chairman Powell’s hawkish tone last week.
WTI and Brent crude oil futures are adding to last week’s sharp losses as concerns over “higher-for-longer” interest rates and a higher dollar outweighs increasing geopolitical tensions in the Middle East. Over the weekend, the White House national security adviser said the U.S. intends to launch more strikes at Iran-backed groups in the Middle East. This comes as the U.S and Britain targeted Tehran-aligned factions in Iraq, Syria and Yemen over the past three days. The U.S Central Command also said they conducted strikes in self-defense against seven Houthi anti-ship missiles preparing to launch against vessels in the Red Sea. Elsewhere, two Ukrainian attack drones struck the largest oil refinery in southern Russia on Saturday which is the latest in a series of long-range attacks on Russian oil facilities.
Natural gas futures are lower as forecasts Sunday afternoon have everywhere West of the Rockies ex-TX, CO and NM experiencing above-normal temperatures.
So, you’ve just inherited mineral rights in Oklahoma and you’re thinking about selling. First...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
Michigan Attorney General Dana Nessel is pushing back against President Donald Trump’s sweeping executive...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
The global oil market is facing one of its most complex periods in recent...
The United States and Saudi Arabia have launched what is being described as a...
Bloomberg Wire | Gulf News | Saudi Arabia’s progress in securing investment in two...
[Reuters] By Lisa Baertlein and Jarrett Renshaw | U.S. energy groups are asking President...
By Tsvetana Paraskova for Oilprice.com | The Rockefeller Foundation is launching a Coal to...
Story by Andreas Exarheas|RigZone.com| Global oil demand in early May indicates tepid year-over-year growth, analysts...
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