Story Credit: Yahoo News. At a White House press briefing on Monday, Energy Secretary Jennifer Granholm was asked by Yahoo News to...
By: Reuters – President Joe Biden will veto a bill by U.S. House of Representatives Republicans on the Strategic Petroleum Reserve (SPR)...
By: The Guardian – Colombia’s leftwing government has announced that it will not approve any new oil and gas exploration projects as...
By: France 24 – US shale gas output has lost none of its momentum, but when it comes to oil, the US shale revolution is...
By: Reuters – The Public Utility Commission of Texas (PUCT) on Thursday adopted a new market design for the state’s electric grid...
By: Reuters – Mexican state oil company Pemex illegally burnt off hydrocarbon resources worth more than $342 million in the three years...
By: CNBC – Pressuring oil companies through higher taxes is counterproductive at a time when global crude demand is set to outstrip...
STORY BY Joseph Markman| Hart Energy. U.S. upstream CAPEX will increase to about $144 billion in 2023, AllianceBernstein said in a Jan....
By: Reuters – The West’s top energy firms are expected to rake in a combined record profit of $200 billion from a...
OilPrice.com, via YahooNews. As interest in green hydrogen picks up worldwide, energy firms are using a variety of renewable energy projects to...
According to Offshore Energy, ConocoPhillips has delineated its Slagugle oil discovery located in the Norwegian Sea, constraining the recoverable hydrocarbon volume of the main segment. The 6507/5-11 appraisal well – on oil discovery 6507/5-10 S (Slagugle) – was drilled in PL891 in the Norwegian Sea, about 22 km northeast of the Heidrun field and 0.75 km south-southeast of the discovery well. ConocoPhillips is the operator of the license with an 80 percent interest and Pandion Energy is its partner with the remaining 20 percent.
The Petroleum Safety Authority Norway has given ConocoPhillips consent for exploration drilling in block 6306/3 in the Norwegian Sea.
The energy sector is poised for a mixed to higher start, supported by a rally in the crude complex while weakness in the major equity futures dampened sentiment.
WTI crude oil futures rallied a further 3.8% this morning, significantly outpacing Brent which is seeing more reserved gains. Futures on both sides of the Atlantic extended their trend higher for the fourth-straight session after the EU agreed to a partial and phased ban on Russian oil and China decided to lift some coronavirus restrictions amid rising demand ahead of the peak U.S. and European summer driving season.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
Fossil fuel financing by Wall Street’s leading banks has declined sharply in 2025, highlighting...
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