President Joe Biden is on track to enact a permanent ban on future offshore oil and gas drilling in certain parts of...
Minot Daily News | BISMARCK – A recently completed case study evaluating the middle Three Forks reservoir within the Bakken Petroleum System...
A major environmental crisis has been unfolding in the Kerch Strait, a narrow passage linking Russia’s Krasnodar region and the Crimean Peninsula,...
by Andreas Exarheas| RigZone.com | Crude oil futures could see better prospects as traders return from the holiday break, focusing on a potential...
Cheniere Energy, Inc. (NYSE: LNG), a leading producer and exporter of liquefied natural gas (LNG), has announced the first production of LNG...
Natural gas futures have been climbing, sparked by new weather forecasts pointing to bitter cold arriving in major population centers as soon...
🔘 Despite record-breaking EV sales in China and Norway, global oil demand remains strong. 🔘 While China’s EV market surges, its oil...
by Bloomberg, via RigZone.com |Weilun Soon| The Amor, a Cameroon-flagged vessel known to have transported Iranian oil, has become the first supertanker...
Italian energy giant Eni has unveiled one of the world’s most powerful supercomputers, marking a significant leap in its technological capabilities. Named...
Crude oil production in the U.S. Lower 48 (L48) states, which excludes Alaska and offshore production, reached a record 11.3 million barrels...
Benchmark U.S. crude oil for January delivery rose $1.04 to $72.47 per barrel Monday. Brent crude for February delivery rose $1.40 to $77.95 per barrel.
Wholesale gasoline for January delivery rose 2 cents to $2.16 a gallon. January heating oil rose 5 cents to $2.67 a gallon. January natural gas rose 1 cent to $2.50 per 1,000 cubic feet.
Traditional oil and gas companies are venturing into lithium extraction in the US to capitalize on the growing demand for the metal and diversify their revenue streams, although legal uncertainties around lithium ownership in Texas could hinder the industry's expansion. ExxonMobil is using low-emission direct lithium extraction in the Smackover region of Arkansas to extract lithium from saltwater and convert it into battery-grade material, while Eureka Resources is experimenting with vacuum crystallization tech to extract pure lithium carbonate from oil and gas brine.
Trump uses Nazi-era rhetoric to attack migrants. On the campaign trail in New Hampshire, former President Trump said migrants were “poisoning the blood of our country,” echoing words Adolf Hitler used in Mein Kampf, scholars said. Trump’s escalating rhetoric on immigration came as lawmakers scrambled to work out a deal on border security, which Republicans are demanding as part of a broader package that would send tens of billions of dollars in military aid to Ukraine.
High-ranking cardinal found guilty of financial crimes. The Vatican’s “trial of the century” ended with Cardinal Giovanni Angelo Becciu being found guilty of embezzlement and fraud in the church’s criminal court and sentenced to five and a half years in prison. Eight others in connection with Becciu, who had been considered a candidate to be the next pope, were also found guilty of financial crimes or abuse of office. Prosecutors discovered money transfers as part of a London real estate deal approved by Becciu in 2013 and 2014; the court found that the transactions were embezzlement and ordered the guilty parties to pay the Vatican more than $200 million in restitution.
Hong Kong media tycoon on trial: Imprisoned media mogul Jimmy Lai will go on trial today in a globally significant case that’s considered a test of Hong Kong’s judicial independence following a security crackdown by China in 2020. Lai, who founded the pro-democracy tabloid Apple Daily, has been charged with colluding with foreign forces and sedition and could face life in prison. One of Lai’s sons has called it a “show trial.”
Blue Origin attempts a return to space. Jeff Bezos’s space company, Blue Origin, will aim to launch its New Shepard rocket in a cargo mission as soon as today. The rocket has been grounded for 14 months after suffering a mid-launch failure in September 2022.
Coming to streaming: Gwyneth vs Terry: The Ski Crash Trial drops today on Max. Paltrow (the titular Gwyneth) was found not at fault in March for a 2016 skiing accident involving optometrist Terry Sanderson. Also, the Leonard Bernstein biopic, Maestro, is coming to Netflix on Wednesday. Bradley Cooper stars as the composer in the film, which is also written and directed by Cooper.
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
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...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
The U.S. oil and gas industry is riding a line between productivity and paralysis....
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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