LITTLETON, Colorado, (Reuters) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of...
JON GAMBRELL Associated Press | DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024...
The Osage Minerals Council has taken a firm stand against the Department of Government Efficiency’s (DOGE) proposal to terminate the lease for...
Oilfield theft has become a major concern in Texas, where the energy industry remains a critical pillar of the state’s economy. Criminal...
OPEC+ has confirmed that it will proceed with its planned April 2025 oil production increase, marking the first output hike since 2022....
by Bloomberg|Ari Natter|The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the...
With a polarizing shift in U.S.-Ukraine relations, President Donald Trump and Ukrainian President Volodymyr Zelensky have reached a first-of-its-kind agreement for joint...
Oklahoma lawmakers are looking to revamp bonding requirements for oil and gas producers, aiming to address the growing problem of abandoned wells...
Oil prices jumped as much as 2% on today after President Donald Trump revoked a key license allowing Chevron to operate in...
David Wethe – (Bloomberg) — Diamondback Energy Inc. is in talks to form a power joint venture that would solve some of...
A license extended by Venezuela to Shell and Trinidad and Tobago's National Gas Company (NGC) will allow the companies to produce natural gas off the South American country's coast for 30 years, state oil company PDVSA said on Friday.
Venezuela, Shell, and NGC on Thursday signed the license in Caracas for the Dragon project following a U.S. authorization granted in January, which could mark the OPEC country's first exports of its vast offshore gas reserves.
US and Chinese militaries are on speaking terms again. For the first time in over a year yesterday, the highest-ranking US military officer, the chairman of the Joint Chiefs of Staff, spoke with his Chinese counterpart. The top brass hopped on a video call to discuss “global and regional security issues” and the need for lower-level talks. In 2022, China’s military stopped talking to the US in response to what it saw as a provocative trip to Taiwan taken by then-House Speaker Nancy Pelosi. But President Biden and China’s leader, Xi Jinping, recently met in San Francisco and agreed that the two superpower militaries should resume talking regularly to diffuse tensions.
A deadly mass shooting shook the Czech Republic. A student at Charles University in Prague killed at least 14 people and injured dozens more yesterday. He’s also suspected of killing his father earlier in the day and two other people last week. Students were told to barricade themselves in classrooms, and some had to crouch on a ledge to escape the shooter. Police sealed the area and said the perpetrator had been “eliminated.” The interior minister called the devastating violence unprecedented in the country, which has a low gun crime rate. Authorities said that the gunman might have been inspired by a shooting in Russia earlier this year.
There might be a problem with your Honda. The Japanese carmaker said yesterday that it’s recalling 22 Honda and Acura models released between 2017 and 2020 over a faulty fuel pump impeller. The component helps deliver gas to the engine, and a defective one might cause a car to stall or fail to start, though Honda says it has not received any reports of crashes or injuries related to the issue. Still, the problem means 2.5 million vehicles in the US will be recalled. Affected vehicle owners can get their fuel pump replaced free of charge once the automaker starts sending notices in February.
On June 3, Viper Energy (NASDAQ: VNOM), a subsidiary of Diamondback Energy, announced it...
Story By Alex Kimani for Oilprice.com | Saudi Arabia is getting ready to engage...
Behind the rolling plains and rocky outcrops of southwestern Oklahoma, a quiet transformation is...
Story By Alex DeMarban |ADN.com| The oil explorer whose last major discovery in Alaska opened...
A quiet energy revolution is unfolding in Appalachia, where natural gas from the Marcellus...
Mexico’s private oil producer Hokchi Energy is locked in a high-stakes standoff with Pemex...
By David O. Williams |RealVail.com| President Donald Trump is poised to issue an executive order...
The World Bank has made a landmark decision by lifting its long-standing ban on...
A key hearing is set for this Friday in Big Spring, Texas, in a...
By Irina Slav for Oilprice.com| The 411,000 barrels daily that OPEC+ said it would...
Tensions between Israel and Iran have sparked a surge in oil prices this June,...
By Tsvetana Paraskova for Oilprice.com | A total of 93 oil and gas firms...
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