By: Reuters – A fault at Chevron’s (CVX.N) Wheatstone facility in Australia temporarily shut about a quarter of its liquefied natural gas...
DOE estimates reaching the Biden Administration’s goal of net-zero emissions by 2050 will require between 400 million and 1.8 billion metric tons of carbon...
By Stephanie Kelly|NEW YORK (Reuters) -Oil prices edged lower on Wednesday, after earlier hitting a 10-month high, as a surprise build in...
Helge Lund, Chairman of BP, assured employees that the company’s energy transition strategy would remain unchanged despite the sudden departure of CEO...
(Bloomberg) — BP Plc Chief Executive Officer Bernard Looney has resigned effective immediately over the failure to fully disclose past relationships with...
By: Bob Campbell – Odessa American – With its world-class display of new oil and natural gas technology the 2023 Permian Basin...
By: Marc Santora – The New York Times – Ukraine said on Monday that it had taken control of several oil and...
Viper Energy Partners is acquiring certain mineral and royalty interests out in the Midland and Delaware Basins. Story By Melba McEwen|Midland Reporter...
The McDermitt Caldera is a large, oval-shaped caldera west of McDermitt in southeastern Oregon and northern Nevada in the United States. It is about 28 miles (45 km) long north–south and 22 miles...
Ines Ferré·Senior Business Reporter|Yahoo Finance| Oil’s upward price movement is making the Federal Reserve’s path toward a 2% inflation target more difficult. The crude market’s...
U.S. energy firms this week cut the total number of oil and natural gas rigs operating for a second week in a row, reducing the rig count for a third consecutive quarter, energy services firm Baker Hughes said in its closely followed report on Friday.
The total oil and gas rig count, an early indicator of future output, fell by seven to 623 in the week to Sept. 29, the lowest since February 2022. U.S. oil rigs fell by five to 502 this week, their lowest since February 2022, while gas rigs dropped by two to 116.
For the month, total oil and gas rigs in September fell by nine, their smallest monthly decline since April, dropping for a fifth month in a row.
Oil rigs fell for the 10th month in a row in September and for a third straight quarter, while gas rigs rose by one in September after falling by 13 in August.
While the total rig count fell by 51 in the third quarter, the cuts have slowed compared with a reduction of 81 in the second quarter as oil prices have rebounded due to tightening supplies.
Story By Alex Mills | Wichita Falls Times Record News| Saudi Arabia’s decision to...
By: Reuters – The Biden administration’s five-year plan for offshore oil and gas leasing...
While there’s been a lot of angst over the shrinking US inventories, there are...
Over the past year, few currencies have done worse than Russia’s rouble. Last September...
SANTA BARBARA, Calif. (AP) — ExxonMobil lost a court bid Wednesday to truck millions...
LONDON (AP) — Britain on Wednesday gave the go-ahead for a major oil and...
The Fed, Interest Rates and Inflation; a Story By Sarah Foster |Bankrate| Consumers and...
Story By Marc Sternfield|KTLA, via Yahoo News| Gasoline prices in California edged higher again...
STORY By By MACK WILOWSKI |Investopedia| Higher oil prices likely won’t cause consumer spending and gross domestic...
Story By Chris Mathews | Hart Energy, via Yahoo News| Midcontinent oil and gas...
By: Carlsbad Current-Argus – Oil and gas operations in the Permian Basin continued to...
By: Reuters – Chevron (CVX.N) said on Monday that full production had resumed at its...
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