The Red Sea is a sea inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in the south, through the Bab-el-Mandeb Strait and the Gulf of...
Story by Andreas Exarheas| RigZone.com | The U.S. Energy Information Administration (EIA) raised its West Texas Intermediate (WTI) oil price forecast for 2024...
The Biden administration recently granted approval for a significant new oil infrastructure project—the Sea Port Oil Terminal—off the coast of Texas, sparking...
In the evolving landscape of the American financial sector, a notable trend has emerged: several regional banks in the United States are...
Story By Stefanie Eschenbacher and Arathy Somasekhar | MEXICO CITY/HOUSTON, (Reuters) – U.S. weekly imports of Mexican crude oil fell to the...
In the heart of the North Sea, amidst the swirling debates surrounding the future of fossil fuel production and climate change, London-based...
In the dynamic landscape of energy production, Texas has been making significant strides, establishing itself as a pivotal powerhouse in the oil...
Last week witnessed a significant uptick in United States crude oil prices, hitting their peak for the year. Despite this, the combination...
Story by Andreas Exarheas| RigZone.com | Prepare for more turmoil, lower inventories, and higher oil prices, Bjarne Schieldrop, the Chief Commodities Analyst at...
“Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning.” -Albert Einstein From HistoryFacts.com |...
U.S. crude stockpiles unexpectedly fell last week, the API reported Tuesday, adding to expectations that demand is on the rise ahead of the summer driving season.
U.S. crude inventories fell by about 3.2 million barrels for the week ended Apr. 19, compared with an increase of 4.09M barrels reported by the API for the previous week. Economists were expecting an increase of 1.8M barrels.
The API data also showed that gasoline stockpiles fell by 595,000 barrels, while distillate inventories rose by 724,000 barrels.
Story By Jennifer A. Dlouhy | Bloomberg | via RigZone.com | The Biden administration...
Abigail Celaya and Madeline Nguyen |Arizona Republic| The eastbound lanes of Interstate 40 at...
In the current landscape of the energy sector, the staggering investments exceeding $100 billion...
The latest pursuit of oil exploration in the ecologically delicate Apalachicola River basin has...
Story by Andreas Exarheas| RigZone.com | In a release sent to Rigzone this week, Enverus...
Recent legal actions have arisen in Denver and Colorado as building owners, hoteliers, and...
In March, the upstream sector of the Texas oil and natural gas industry achieved...
By Tsvetana Paraskova |OilPrice.com| Halliburton Company (NYSE: HAL) booked slightly higher-than-expected adjusted earnings for the...
As the landscape of U.S. oil exports evolves, ambitious projects like the Sea Port...
In the evolving landscape of the American financial sector, a notable trend has emerged:...
By Laura Sanicola |Reuters| U.S. oil output from top shale-producing basins will rise in May...
by Bloomberg|P.Sykes, A.Shahla, E.Bronner|via RigZone.com| Iranian state media confirmed an attack by Israel in...
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