By Bloomberg |Alex Longley, Jack Wittels| The manager of an oil tanker on fire near the UK said the vessel spilled jet...
As construction, labor, and borrowing costs continue to climb, several U.S. liquefied natural gas (LNG) producers are looking to renegotiate higher prices...
By Alex Kimani for Oilprice.com | Three years ago, Europe suffered one of its biggest energy crises in modern history following Russia’s...
LITTLETON, Colorado, (Reuters) – Energy product traders, utilities, investors and business executives are among those scrambling to assess the likely impact of...
JON GAMBRELL Associated Press | DUBAI, United Arab Emirates (AP) — Saudi Arabia’s state-owned oil giant Aramco reported a $106.25 billion profit in 2024...
The Osage Minerals Council has taken a firm stand against the Department of Government Efficiency’s (DOGE) proposal to terminate the lease for...
Oilfield theft has become a major concern in Texas, where the energy industry remains a critical pillar of the state’s economy. Criminal...
OPEC+ has confirmed that it will proceed with its planned April 2025 oil production increase, marking the first output hike since 2022....
by Bloomberg|Ari Natter|The Senate voted Thursday to repeal a new US fee on climate-warming methane emissions from oil and gas producers, sending the...
With a polarizing shift in U.S.-Ukraine relations, President Donald Trump and Ukrainian President Volodymyr Zelensky have reached a first-of-its-kind agreement for joint...
Exxon Mobil Corp. on March 2 said it will further slash expenses and its oil and gas production portfolio to boost returns, but offered no updates on shareholder returns.
The company began its annual update to investors a day after disclosing it would exit its last Russian operations in response to the invasion of Ukraine that sent oil prices to their highest level in eight years.
Exxon Mobil said it expects to cut annual costs by $9 billion in by 2023, $3 billion more than a previous target, in a drive to quickly pay down debt taken on during the pandemic and double earnings by 2027, over 2019 levels.
World crude oil prices soared Wednesday as Russian soldiers expanded their invasion of Ukraine, pounding civilian and residential areas of cities and increasing the number of dead.
Global benchmark Brent crude futures peaked at nearly $114 a barrel, then settled up $7.96 or 7.6% at $112.93 on ICE Futures Europe. It was Brent’s highest close since June 2014 as the global benchmark rose more than 15% this week.
Here in the states, West Texas Intermediate crude climbed as high as $112.51 a barrel before finishing the day up $7.19 or 7% at $110.60 a barrel on the New York Mercantile Exchange. It was the highest mark for US crude oil since May 2011.
A long-overlooked shale play in South Texas might finally be showing signs of promise,...
By Sheila Dang -HOUSTON | REUTERS—U.S. oil major Chevron told Reuters that it plans...
In a stark reminder of the volatile energy landscape and the relentless drive for...
By Irina Slav for Oilprice.com | Oil prices have been on the mend this...
Over the past two decades, the U.S. shale revolution has dramatically transformed the global...
(UPI) — The Department of Interior on Thursday released an analysis of fossil fuel...
By Tsvetana Paraskova for Oilprice.com | The average price of India’s crude oil imports...
CBS News | Ukraine and Russia blamed each other on Sunday for breaking the one-day Easter...
by Andreas Exarheas | RigZone.com | In an EBW Analytics Group report sent to Rigzone...
Houston, long regarded as the epicenter of the U.S. energy industry, is currently navigating...
On April 8, 2025, the Keystone Pipeline experienced a significant rupture near Fort Ransom,...
By Irina Slav for Oilprice.com | In January, China’s National Energy Administration said it was eyeing...
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