🔘 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...
This year’s funding is part of an overall historic $4.7 billion investment from President Biden’s Bipartisan Infrastructure Law to address orphaned oil...
The Texas Independent Producers and Royalty Owners Association (TIPRO) recently highlighted a slight decline in Texas upstream employment for November, marking the...
Story By Mella McEwen | Midland Telegram-Reporter| ExxonMobil has reached the milestone of 1,000 horizontal wells in the New Mexico portion of...
U.S. President-elect Donald Trump has issued a strong call for the European Union (EU) to ramp up imports of American oil and...
Battalion Oil Corporation has terminated its merger agreement with Fury Resources, Inc., citing Fury’s inability to meet financial obligations necessary to close...
Woodside Energy and Chevron have announced a transformative asset swap agreement designed to streamline their operations and optimize their portfolios within Australia’s...
U.S. stocks ended mixed on Monday as investors continued to digest extreme volatility from last week.
The Dow Jones Industrial Average ended roughly 0.4% lower after back-to-back gains. The S&P 500 was unchanged and the Nasdaq Composite finished up 0.2% for its third straight daily gain.
According to the United States Geological Survey, Los Angeles was rattled on Monday afternoon by a 4.4-magnitude earthquake.
According to the agency, the earthquake struck at 12:20 p.m. and was centered just outside of Pasadena, about five miles northeast of downtown Los Angeles.
There have been no initial reports of widespread damage, said Margaret Stewart, a spokeswoman for the Los Angeles Fire Department. Firefighters from each of the city’s 106 fire stations were driving through their districts to survey any effects, she said, and would be able to provide more detailed assessments within the next hour.
According to the U.S.G.S, the earthquake was felt across Southern California, with reports of shaking from Bakersfield to San Diego.
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...
Merger and acquisition activity in the U.S. upstream oil and gas sector slowed significantly...
by Andreas Exarheas| RIGZONE.COM | Chevron will “consolidate or eliminate some positions” as part of...
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....
By Felicity Bradstock for Oilprice.com | The United Nations Development Programme (UNDP) and the...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
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