In a significant development within the oil sector, the Organization of the Petroleum Exporting Countries (OPEC) reported an increase in oil production...
In recent months, China’s LNG import strategy has demonstrated a significant shift, setting new records and reflecting broader trends in the global...
The United States was again the largest supplier of liquefied natural gas (LNG) to Europe (EU-27 and the UK) in 2023, accounting...
In 2024, the oil and gas industry is poised for a year of strategic recalibration, with capital expenditure (CAPEX) decisions reflecting a...
Story By Rocky Teodoro | RigZone.com |Austin-based Atlas Energy Solutions Inc. is acquiring all of Hi-Crush Inc.’s Permian Basin proppant production assets...
In recent years, European family offices have begun channeling investments into the traditional oil and gas sector, a pivot from the dwindling...
EOG Resources, a key player in the oil and gas industry, is positioning itself for robust growth in 2024 with a strategic...
In a positive development for the ethanol and agricultural industries, the Environmental Protection Agency (EPA) recently gave the nod to requests from...
ALBUQUERQUE, New Mexico (AP) — A New Mexico businesswoman is accused of defrauding the US government and two Native American tribes of...
Story By Andreas Exarheas | RigZone.com |The average U.S. diesel price is down compared to a year ago, according to the AAA...
Silicon Valley Bank’s risky practices were on the Federal Reserve’s radar for more than a year — an awareness that proved insufficient to stop the bank’s demise. The Fed repeatedly warned the bank that it had problems, according to a person familiar with the matter.
In 2021, a Fed review of the growing bank found serious weaknesses in how it was handling key risks. Supervisors at the Federal Reserve Bank of San Francisco, which oversaw Silicon Valley Bank, issued six citations. Those warnings, known as “matters requiring attention” and “matters requiring immediate attention,” flagged that the firm was doing a bad job of ensuring that it would have enough easy-to-tap cash on hand in the event of trouble.
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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