Story from RigZone. Jet fuel demand has come back with a vengeance, despite the recent bout of Covid-19, and should continue to...
OMAHA, Neb. (AP) — Warren Buffett’s company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter, while...
Energy companies and traders are raking in huge profits selling US natural gas to Europe as prices there skyrocket. The US is...
Story by Adrian Hedden, Carlsbad Current-Argus. Two of New Mexico’s most productive oil and gas counties also contain its most low-producing or...
A disturbance began to develop Friday just offshore of southeastern Louisiana in the Gulf of Mexico, forecasters said. The system, described as...
By: Bloomberg – Mexico — which imports nearly all of the natural gas it burns — has laid out a somewhat surprising...
Oklahoma’s Garvin County is the site of four new wells including three from a single pad with the production of more than...
LONDON, (Reuters) UPDATE: Top U.S. gas exporter, Freeport LNG, has retracted the force majeure it initially declared after an explosion in June,...
OilPrice.com – Crude oil prices inched down before the EIA reported its crude inventory report today, but saw a small jump after...
LONDON (Reuters) – Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug a liquefied...
Energy Giant, Chevron on Sunday announced a significant new gas discovery in the eastern Mediterranean Sea, off the shore of Egypt. The reservoirs are in the Nargis Offshore Area concession, operated by Chevron, which holds a 45 percent working interest in the concession.
“Chevron is encouraged and excited by the success of this first exploration well which encountered high-quality reservoirs and follows from Chevron’s entry into the Egyptian upstream sector in 2020,“ said Clay Neff, president of Chevron International Exploration and Production.
“We look forward to working together with the Government of Egypt, the Egyptian Natural Gas Holding Company (EGAS), and our other partners to support the growth of Egypt's energy sector through this exploration program. The eastern Mediterranean has abundant energy resources, and their development is driving strategic collaboration in the region.”
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
Baker Hughes, Hunt Energy, and Argent LNG are forming a partnership to create a...
By Charles Kennedy for Oilprice.com | Shell and other major energy players have withdrawn...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
The newly unveiled U.S.–EU energy framework, announced during the July 27–28 summit in Brussels,...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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