Story from Bloomberg, via RigZone.com| Michael Nienaber & Petra Sorge| Germany is nearing a decision on what to do with the local...
Devon Energy (DVN.N) announced on Monday its strategic move to acquire Grayson Mill Energy, a major Bakken-focused energy producer owned by private...
[From Geo.TV] According to state-run APP, a group of local and international oil and gas exploration and production (E&P) companies is ready...
Shell Nederland Raffinaderij B.V., a subsidiary of Shell plc, is to temporarily pause on-site construction work at its 820,000 tonnes a year...
Bolivian state energy firm YPFB is actively seeking to revitalize the country’s struggling oil and gas sector by attracting new investments and...
Story Credit: MarketWatch.com | Happy birthday, America! Thursday marks the 248th anniversary of ratifying the Declaration of Independence — and the Fourth...
This week marks a significant technological milestone at the Railroad Commission of Texas with the launch of State Tracking and Reporting (LoneSTAR)....
Story By Ed Pearcey |Global Data|via Yahoo News| The budget committee of the US Senate has started an investigation into suspicions of...
Over the past few years private equity funds have been finding it difficult to attract investors to the oil and gas sector....
Story By Breck Dumas |Fox News, via Yahoo News| A significant share of Americans who own an EV electric vehicle have buyer’s remorse,...
President Biden landed in Israel as the world waited for evidence of whether a Hamas-linked group or Israel caused a devastating explosion yesterday at a hospital in Gaza City.
The explosion, evidently from a missile, killed hundreds of people and injured hundreds more. (This video, verified by Times journalists, shows the moment the blast destroyed the hospital.)
After Biden landed, he seemed to endorse Israel’s denial of responsibility. “Based on what I’ve seen, it appears as though it was done by the other team, not you,” he said. “But there’s a lot of people out there not sure.”
The U.S. crude inventory balance fell by 4.383M barrels during the week ended Oct. 13, according to the API. That contrasted with a 12.94M jump in the prior week to Oct. 6 led largely by a sharp decline in exports.
Aside from that balance, the API also noted a 1.005M barrel decline at the Cushing, Oklahoma delivery point for U.S. crude, versus the previous week’s draw of 0.547M. Cushing storage levels have dropped drastically this year, prompting concerns they might reach such critical lows to complicate operations at the storage hub.
On the fuel side, the petroleum trade group reported a gasoline inventory slide of 1.578M barrels and distillate stock drop of 0.612M barrels. In the prior week, gasoline saw a 3.645-M barrel build while distillates experienced a 3.535M drop.
It sounds like something out of a Netflix crime drama, but this one’s all...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
In a move that is raising eyebrows across the global oil industry, ConocoPhillips has...
A Houston-based fuel company says Tesla still hasn’t paid for millions of dollars’ worth...
According to sources cited by Bloomberg, Shell is quietly exploring a potential takeover of...
by Bloomberg|David Wethe, Alix Steel | Energy Secretary Chris Wright sought to reassure US...
Source: EIA | Higher oil prices, increased drilling efficiency, and structurally lower debt needs...
By Georgina McCartney | (Reuters) -The U.S. upstream oil and gas M&A market is...
Gavin Maguire| LITTLETON, Colorado-(Reuters) | U.S. exports of LNG so far this year have...
After months of tough negotiations and political tension, the United States and Ukraine have...
Russia and Iran have cemented a preliminary energy pact that could dramatically reshape regional...
By Starr Spencer | S&P Global | Chevron, one of the biggest producers in the...
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