Story By Jov Onsat|RigZone.com| The European Commission and the three remaining European Union Baltic countries connected to the Russian power grid have...
In the heart of the Oklahoma oilfields, as the 1930s wore on, the spirit of Christmas 🎅 glimmered like a beacon of...
The oil and gas industry is rapidly evolving, and at the heart of this transformation is the critical role of data. In...
The energy sector, particularly oil and gas, saw steady activity in the final quarter of the year, but optimism among industry leaders...
In the dynamic landscape of the U.S. energy sector, 2023 marked a pivotal year for the shale oil industry, characterized by a...
In Oklahoma, Attorney General Gentner Drummond is intent on continuing his mission to hold energy companies accountable for the significant price surges...
Geothermal power, once sidelined in the energy sector, is now experiencing an unexpected resurgence. For years, energy experts considered geothermal energy a...
The U.S. is currently experiencing one of its biggest economic shocks, largely due to high oil prices and the associated costs of...
BP, the oil giant, has temporarily halted its tanker movements through the Red Sea due to increased attacks in the region, attributed...
Tokyo Gas Co., through its subsidiary Tokyo Gas America Ltd., is set to make a major move in the U.S. shale gas...
The U.S. plans to temporarily allow gasoline with high ethanol content to be sold this summer in a bid to tame high fuel prices, administration officials say https://t.co/5b3JU3MK5g
— The Wall Street Journal (@WSJ) April 12, 2022
The energy sector is pointing to a higher start and set to recover most of yesterday’s losses as benchmark crude futures bounced off six-week lows while major equity futures surged higher and treasury yields backed off following key inflation data. The March consumer prices report showed inflation excluding food and energy costs were slightly less than expected, taking some pressure off markets concerned about aggressive interest rate hikes.
WTI and Brent crude oil futures rebounded this morning, gaining amid reports that Shanghai relaxed some of its COVID-19 restrictions which eased concerns about Chinese demand and as OPEC warned it would be impossible to replace potential supply losses from Russia. Shanghai yesterday said that more than 7,000 residential units had been classified as lower-risk areas after reporting no new infections for 14 days and districts have since been announcing which compounds can be opened up.
Bill Armstrong isn’t following the industry playbook. As U.S. shale producers consolidate and shrink...
Haynesville Gas Takeaway Grows With Leg Pipeline Launch (P&GJ) — Williams Companies has placed its...
Yuka Obayashi and Katya Golubkova | TOKYO (Reuters) -U.S. President Donald Trump said on...
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....
Presidio Petroleum is preparing to enter the public markets through a strategic merger with...
By Haley Zaremba for Oilprice.com | The United States electric vehicle industry is facing...
Trying to catch up in oil and gas production is difficult enough. It becomes...
Author Mark Davidson, Washington|Editor–Everett Wheeler|Energy Intelligence Group| The number of active US gas rigs...
(Reuters) – U.S. gasoline demand in May fell to the lowest for that month...
by Bloomberg, via RigZone.com|Weilun Soon, Rakesh Sharma, Reporting| At least four tankers discharged millions...
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