By: Janelle Stecklein – Pauls Valley Daily Democrat – The year 2020 has been the worst in recent memory for the state’s...
By: Thomas Lee – Argus Media – Private equity (PE) investors are accelerating a shift away from the US shale oil sector...
By: Adrienne Murray, Denmark – BBC – Denmark will end all new oil and gas exploration in the North Sea, as part...
By: Greg Avery – Denver Business Journal – FourPoint Energy is getting out of oil and gas operations in Oklahoma after a...
By: Reuters – Exxon Mobil on Monday said it would write down the value of natural gas properties by $17 billion to $20...
By: Jennifer Hiller & Scott DiSavino – Reuters – Higher natural gas futures prices for 2021 and a continued glut of crude...
By: Noah Browning and David Evans – Reuters – The COVID-19 pandemic this year has dented oil consumption and brought forward forecasts...
By: Laura Sanicola – Reuters – If U.S. President-elect Joe Biden tries to restrict the development of oil and gas drilling on...
By: Dania Saadi – S&P Global Platts – Abu Dhabi National Oil Co.’s (ADNOC) oil discoveries will help boost its production capacity...
By: Lucia Kassai and Andrew Guerra Luz – Bloomberg – Oil tanks in America’s most important crude storage hub are filling to...
U.S. stocks booked big gains on Thursday after President Trump's awaited trade-war update included no deadline or concrete specifics on how "reciprocal tariffs" might be applied.
The Dow Jones closed about 342 points higher, or 0.8%, ending near 44,711, according to preliminary data. That was its best daily percentage gain since Jan. 23, according to FactSet.
The S&P 500 gained about 63 points, or 1%, ending around 6,115. That was slightly below its closing high at 6,118.71, set on Jan. 23, 2025.
The Nasdaq Composite rose about 295 points, or 1.5%, finishing around 19,945.
Motiva’s expansion comes alongside the closure of two other refineries: LyondellBasell Industries NV’s Houston plant and Phillips 66’s Los Angeles facility, both set to shutter this year.
Motiva ran more than 600,000 barrels of oil a day on average last year and 651,000 barrels a day in December, according to data from the Railroad Commission of Texas. By contrast, Marathon’s Galveston Bay and Exxon’s Beaumont plants, both in Texas, averaged 551,000 and 583,000 barrels per day in 2024.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
Have your oil & gas questions answered by industry experts.