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...
Investing.com - US crude oil stockpiles possibly fell as much as 4.0 million barrels last week while inventories of gasoline likely rose by an almost similar level of 3.9 million, as refiners appeared to maximize fuel production due to lucrative returns, petroleum trade group API reported Tuesday.
The U.S. crude inventory balance fell by 4.21M barrels during the week ended Sept. 29, according to the API, after a build of 1.586M in the prior week to Sept. 22.
Aside from that balance, the API also noted a 0.705M barrel rise at the Cushing, Oklahoma delivery point for U.S. crude, versus the previous week’s draw of 0.828M. Last week’s build would be the first in months for Cushing, where the trade had feared inventories would fall to such critically low levels that would complicate withdrawals from the storage hub.
The House on Tuesday voted to oust Kevin McCarthy from the speakership, a move without precedent in modern history that left the chamber without a leader and plunged it into chaos.
Democrats joined with a small group of hard-liners in Mr. McCarthy’s own party to strip the California Republican of the speaker’s gavel in a 216 to 210 vote. It was the culmination of a bitter power struggle between Mr. McCarthy and members of a far-right faction who tried to block his ascent to the speakership in January and have tormented him ever since, trying to stymie his efforts to keep the government funded and the nation from defaulting on its debt.
by Andreas Exarheas | RigZone.com |In a release sent to Rigzone this week, Enverus announced...
By Tsvetana Paraskova for Oilprice.com | U.S. oil producers flocked to hedge higher prices...
Story By Andreas Exarheas | RigZone.com |The U.S. Energy Information Administration (EIA) revealed its...
By a 6–0 vote, the Texas Supreme Court has handed a major victory to...
A-list actors are turning their attention to Wall Street, and this time, the plot...
The oil and gas sector is undergoing a major digital overhaul, and data is...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
By Tsvetana Paraskova for Oilprice.com | Equinor and its partners have decided to invest...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
Have your oil & gas questions answered by industry experts.